The question on whether crypto/Bitcoin is here to stay is largely over and crypto/Bitcoin won.
The Employees Retirement System of Jersey City is currently updating paperwork with the U.S. Securities and Exchange Commission (SEC) to allocate a portion of its funds to Bitcoin ETFs.
The move follows a similar investment by a Wisconsin pension fund earlier this year, signaling a growing trend among public retirement systems.
Wisconsin's public pension plan, with approximately $156 billion in assets, invested $160 million in spot Bitcoin ETFs earlier this year.
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