Wisconsin holds $99 million in BlackRock's Bitcoin ETF
The State of Wisconsin Investment Board (SWIB) has disclosed an investment exceeding $99 million in BlackRock's IBIT, a spot Bitcoin ETF, as per their SEC 13F filings at the quarter's end. This acquisition positions SWIB alongside major institutions like UBS, JPMorgan, and Wells Fargo, which have also engaged with crypto ETFs. Despite market fluctuations and notable outflows from other ETFs, IBIT experienced net inflows, highlighting an increasing institutional appetite for Bitcoin-based ETFs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A 6200-fold profit: Who is the biggest winner of Moore Threads?
On December 5, Moore Threads officially debuted on the STAR Market, opening at 650 yuan, which represents a 468.78% surge compared to its issue price of 114.28 yuan.
K-shaped Divergence in Major Asset Pricing: The Subsequent Evolution of "Fiscal Risk Premium"
Southwest Securities believes that the current market is in a dangerous and fragmented period driven by "fiscal dominance," where traditional macro logic has failed, and both U.S. stocks and gold have become tools to hedge against fiat currency credit risk.
"Shadow Fed Chair" Hassett speaks out: The Federal Reserve should cut rates next week, expected 25 basis points
Hassett stated in a media interview that the FOMC now appears more inclined to cut interest rates, and he expects a rate cut of 25 basis points.
Key Market Intelligence for December 5: How Much Did You Miss?
1. On-chain funds: Today, $55.7M flowed into Ethereum; $51.4M flowed out of Base. 2. Top gainers and losers: $OMNI, $FTN. 3. Top news: At 23:00 tonight, the US will release the annual Core PCE Price Index for September, with an expected 2.9%.
Trending news
MoreCrypto prices
More
