Bitcoin ETF Investment Surges in Wisconsin

Wisconsin Investment Board Increases Bitcoin ETF Holdings

• The State of Wisconsin Investment Board manages $162 billion in public assets.
• In May 2024, the board purchased nearly $100 million in Blackrock’s Ishares Bitcoin Trust ETF units.
• An additional investment of $63 million was made in Grayscale’s bitcoin ETF.
• The transactions were reported in a regulatory filing to the U.S. Securities and Exchange Commission.

The State of Wisconsin Investment Board significantly increased its cryptocurrency exposure by investing nearly $163 million in two major bitcoin exchange-traded funds, as detailed in a recent SEC filing.