The state of Michigan's pension fund has unveiled its investment in cryptocurrency, specifically through Grayscale's Ethereum Trust. According to the latest disclosures, the pension fund held Ethereum ETF holdings worth over $10 million by the conclusion of the third quarter.
This move by Michigan's pension fund highlights the growing acceptance and integration of digital assets into traditional financial portfolios. As Ethereum and other cryptocurrencies gain traction, more institutional investors are looking into crypto investment opportunities.
Bron: www.theblockcrypto.com ↗
