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Michigan Allocates $6.6 Million to Bitcoin ETFs, Joining Growing Trend Among U.S. States Coinotag 26 jul 2024

Michigan Allocates $6.6 Million to Bitcoin ETFs, Joining Growing Trend Among U.S. States 🇺🇸

The State of Michigan Retirement System has recently announced its investment of $6.6 million in Bitcoin ETFs. This move demonstrates the increasing adoption of cryptocurrency investments by governmental bodies in the U.S. Michigan is now the second state to showcase such an investment strategy, signaling a shift towards digital assets in governmental finance. The growing trend among U.S. states to include Bitcoin ETFs in their portfolios highlights the expanding acceptance and integration of cryptocurrencies into traditional retirement and investment systems.

Fonte: en.coinotag.com ↗

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