US state declares over $160 million investment in BlackRock, Grayscale’s Bitcoin ETF, what to expect

The State of Wisconsin’s Investment Board (SWIB) created in 1951 has invested over $160 million in BlackRock’s spot Bitcoin ETF IBIT and Grayscale’s GBTC. The investment marks a move by the US state to adopt the asset alongside other investment vehicles for public pensions and trust funds.  A key piece of crypto legislation will soon […]