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$69,671.00 5.26121
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Ethereum
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$3,525.16 14.64669
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BNB
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$589.71 2.70695
BNB price
Solana
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$185.32 9.05938
Solana price
XRP
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$0.5333530 4.84816
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Shiba Inu
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$0.0000250 4.85325
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Pepe
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$0.0000107 18.71578
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Bonk
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$0.0000265 3.70613
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Bitcoin
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$69,671.00 5.26121
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Ethereum
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$3,525.16 14.64669
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BNB
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$589.71 2.70695
BNB price
Solana
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$185.32 9.05938
Solana price
XRP
XRP (XRP)
$0.5333530 4.84816
XRP price
Shiba Inu
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$0.0000250 4.85325
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000107 18.71578
Pepe price
Bonk
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$0.0000265 3.70613
Bonk price
Bitcoin
Bitcoin (BTC)
$69,671.00 5.26121
Bitcoin price
Ethereum
Ethereum (ETH)
$3,525.16 14.64669
Ethereum price
BNB
BNB (BNB)
$589.71 2.70695
BNB price
Solana
Solana (SOL)
$185.32 9.05938
Solana price
XRP
XRP (XRP)
$0.5333530 4.84816
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000250 4.85325
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000107 18.71578
Pepe price
Bonk
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$0.0000265 3.70613
Bonk price
SirWin
SirWin
SirWin

Wisconsin holds nearly $170m in Bitcoin ETFs

bitcoin-etfs-wisconsin-holdings-crypto
Edited by
News
Wisconsin holds nearly $170m in Bitcoin ETFs

Wisconsin’s Investment Board has capital invested in the two largest spot Bitcoin ETFs and shares in several crypto companies. 

A U.S. SEC filing on May 14 showed that the State of Wisconsin holds 2.4 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth almost $99.1 million.

According to the document, the jurisdiction also owns over 1 million Grayscale GBTC shares valued at more than $63.3 million at the close of March. The filing indicates that Wisconsin’s government purchased its spot Bitcoin (BTC) ETF shares before the year’s first quarter ended. 

Bitcoin ETF adoption expands 

Established in 1951, the State of Wisconsin Investment Board manages and invests public and trust funds for the state. Despite skepticism from Wall Street figures like JPMorgan Chase CEO Jamie Dimon, the investment reaffirms an appetite for Bitcoin-backed products in the United States.

ETF expert Eric Balchunas said Wisconsin’s decision could herald entries from other institutions and government agencies. The state’s investment board also has holdings in crypto equities from firms like Coinbase, Riot Platform, and MicroStrategy. 

Spot BTC ETFs have recorded a staggering run since the U.S. SEC issued approval for 11 products in January. The largest new market player, BlackRock, nearly rivals incumbent Grayscale, and 10 new issuers have amassed over $20 billion in assets under management less than six months after launch.

Banks like Wells Fargo, which initially shunned the products, have since enabled exposure to spot BTC ETFs for clients and even invested in-house capital in offerings from Grayscale.