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Just-In: Michigan Pension Fund Buys $6.6M In Ark Bitcoin ETF

source-logo  coingape.com 26 July 2024 22:10, UTC

The State of Michigan has made a bold move in the crypto market, adding Bitcoin products to its pension funds. A recent SEC filing revealed that the state has acquired 110,000 shares of the ARK 21Shares Bitcoin ETF (ARKB), worth around $6.6 million. This move reflects the growing global interest in Bitcoin and its related investment products.

coingape.com