key takeaways
- The Michigan Retrain Fund made its arch bitcoin ETF holdings triple for 300,000 shares in Q2.
- This step shows a significant increase in the risk of funds for digital assets such as bitcoin.
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The status of the Michigan Reporting System, one of the largest pension funds in the US, made its stake in the second quarter in the period of the Arc 21Shares Bitcoin ETF (ARKB), recognizing a new SECUR filing.
As of 30 June, the Fund reported to have 300,000 shares of ARKB, with 100,000 shares in April.
The Michigan Retirement System State Preview, which reveals the acquisition of 460,000 shares at the Grassscale Ethereum Trust (ETH), which became the first US state pension fund to invest in an ex-fixed fund. The latest filling confirms that the situation remains intact.
As filing, Michigan MPs carried forward a comprehensive crypto agenda. In May, Michigan MPs introduced four new bills with the aim of involving Crypto in the operation of the state and securing its use.
Address of bills allowing mining program on bills and gas sites.
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