Michigan pension fund discloses $6.6M investment in Bitcoin ETFs

In an SEC filing, the state's pension fund disclosed holding 110,000 shares of the ARK 21Shares Bitcoin ETF as of June 30.

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Michigan pension fund adds $6.6 million in Bitcoin ETF holdings

The State of Michigan Retirement System holds 110,000 shares in ARK 21Shares Bitcoin ETF (ARKB), which amounts to roughly $6.6 million, according to a July 26 filing with the United States Securities and Exchange Commission (SEC). Bloomberg’s senior ETF analyst Eric Balchunas noted that the ARKB shares purchase represents a significant step in the adoption of […]

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Bitcoin Miner BitNile Relocates 6,572 Bitcoin Miners To Michigan

BitNile is relocating more than 6,500 Bitcoin miners as a result of Compute North’s bankruptcy.

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Michigan pension fund maintains Bitcoin ETF investment, adds Ether ETFs

The value of the ARK 21Shares Bitcoin ETF shares held by the states pension fund increased by roughly $1 million since being reported.

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