Jersey City Mayor Steven Fulop announced that the city's pension fund will invest in Bitcoin ETFs.
Jersey City plans to include Bitcoin ETFs in its pension fund investment strategy, believing blockchain is a significant innovation.
Jersey City is planning to invest part of its pension fund into Bitcoin ETFs, following Wisconsin's lead. The percentage and issuer details remain undisclosed. Mayor Steven Fulop supports crypto and blockchain. The move follows SEC's recent Ethereum ETF approvals, spurring new crypto investment products.
Mayor Steven Fulop said Jersey City will allocate around 2% of its pension fund to Bitcoin ETFs as he considers a gubernatorial run.
Jersey City's pension fund plans to invest in Bitcoin ETFs, following Wisconsin's lead. Mayor Steven Fulop supports blockchain technology.
Jersey City Mayor Steven Fulop announces pension fund investment in Bitcoin ETFs, following Wisconsin's example.
New Jersey Mayor Steven Fulop plans to invest in Bitcoin ETFs for the city’s pension fund, highlighting his long-time belief in crypto.
