Wisconsin State Invests Heavily in Bitcoin ETF Shares

By: Eva Baxter

The U.S. state of Wisconsin has revealed a significant investment in the bitcoin sector, purchasing nearly $100 million worth of BlackRock's iShares Bitcoin Trust (IBIT) in the first quarter of this year. Furthermore, a filing shows the State of Wisconsin Investment Board has also procured shares from Grayscale Bitcoin ETFs, solidifying its presence in the cryptocurrency realm.