Wow, a state pension bought $IBIT in first quarter. Normally you don't get these big fish institutions in the 13Fs for a year or so... These are no ordinary launches... Good sign, expect more, as institutions tend to move in herds.
This is a small part of a massive public investment fund, but the long-term importance cannot be overstated. Wisconsin is now the second-largest reporting holder of IBIT globally. Watch for others to follow in coming quarters.
#bitcoin-etfs #institutional-investment #financial-markets #state-investment-board #cryptocurrency-adoption
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