ICYMI, overnight reports that the State of Wisconsin Investment Board (SWIB) has exited its position in BlackRock’s iShares Bitcoin Trust ETF (IBIT), divesting over six million shares during the first quarter of 2025. According to a recent filing with the U.S. Securities and Exchange Commission, SWIB no longer holds any spot Bitcoin ETF exposure, marking a full retreat from the $355 million stake it previously held.
Wisconsin had been among the first U.S. state pension managers to venture into Bitcoin-backed ETFs, initially purchasing $164 million worth of shares when the funds launched in early 2024. The move had positioned the state as an early adopter of crypto exposure for retirees, but the latest filings confirm a complete liquidation of that position within just one year.
Info via crypot media outlets.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about icymi wisconsin sells entire bitcoin etf position after early bet on blackrock fund was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( ICYMI: Wisconsin sells entire bitcoin ETF position after early bet on BlackRock fund )
Also on site :
- My Daughter’s Friend Has a Crush on My Husband. It’s Making Us Both Deeply Uncomfortable.
- Maga’s biggest fear is coming true and Trump won’t survive it
- Manchester United vs Newcastle Prediction: Heavyweights Meet in Premier League’s Only Boxing Day Clash