Bitcoin ETF Sale: Wisconsin Pension Moves

Wisconsin Sells $300M Bitcoin ETF Amid Trade Tensions

• Wisconsin sold its entire $300 million stake in BlackRock’s Bitcoin ETF in early 2025.
• The sale coincided with rising U.S.-China trade tensions and new tariffs from the Trump administration.
• Bitcoin prices fell below $75,000, while Ethereum hit two-year lows during this period.
• The SEC filing confirmed the sale occurred before March 31, ahead of increased tariffs on April 2.
• SWIB previously held over six million IBIT shares valued at approximately $321.5 million as of February.

The Wisconsin pension fund divested its substantial Bitcoin ETF holdings amid escalating trade tensions and market instability, as confirmed by a recent SEC filing. The decision was influenced by significant tariff increases between the U.S. and China, which impacted global markets and crypto valuations.