Michigan Pension Fund Invests $6.6M in ARK Bitcoin ETF, Driving Institutional Crypto Adoption
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Michigan Pension Fund has strategically invested $6.6M in the ARK Bitcoin ETF. This move is indicative of growing institutional interest in cryptocurrency, as exemplified by a similar investment of $160M by Wisconsin in Bitcoin ETFs.
The decision by Michigan Pension Fund highlights an increasing trend among institutional investors towards cryptocurrencies, signaling broader acceptance and potential mainstream integration of digital assets.
Source: en.coinotag.com ↗