Michigan Pension Fund Invests $10M In Ethereum ETFs, Exceeds Bitcoin Holdings

By

Nov 4, 2024

Michigan Pension Fund Invests $10M In Ethereum ETFs, Exceeds Bitcoin Holdings

The Michigan State Pension Fund has invested $10 million in Grayscale’s Ethereum ETFs (NYSE:ETHE), making it one of the top holders of the product.

What Happened: According to an SEC filing, this investment surpasses Michigan’s $7 million allocation in Bitcoin (CRYPTO: BTC) ETFs, marking a notable shift in institutional interest.

Meanwhile, CoinShares’ report on Monday shows that digital asset investment products witnessed substantial inflows of $2.2 billion last week, pushing year-to-date inflows to a record $29.2 billion.

This spike coincides with increasing market anticipation of a potential Republican win in the U.S. presidential election.

The surge has pushed the …

Full story available on Benzinga.com

By

Federal Reserve cuts rates by a quarter point amid fears of Trump takeover

Nov 7, 2024

#Bitcoin Yet again made a major pivot within the first week of the month. I think there’s a good chance that this 4th of November monthly low, won’t get re-visited. Meaning that we’re right back in line with the pattern from the previous few months. Down first -> Up after.

Nov 7, 2024

$MEW is now up more than 60%, and recently got the holy grail KRW listing on Upbit Never fade koreans The cabal coin narrative is super mid curve and this coin did not in fact go to zero. Team has been beating content production and nailed 50+ exchange listings so far

Nov 7, 2024

Michigan Pension Fund Invests $10M In Ethereum ETFs, Exceeds Bitcoin Holdings

By

By

Related Post

Federal Reserve cuts rates by a quarter point amid fears of Trump takeover

#Bitcoin Yet again made a major pivot within the first week of the month. I think there’s a good chance that this 4th of November monthly low, won’t get re-visited. Meaning that we’re right back in line with the pattern from the previous few months. Down first -> Up after.

$MEW is now up more than 60%, and recently got the holy grail KRW listing on Upbit Never fade koreans The cabal coin narrative is super mid curve and this coin did not in fact go to zero. Team has been beating content production and nailed 50+ exchange listings so far

Leave a Reply Cancel reply

update

Federal Reserve cuts rates by a quarter point amid fears of Trump takeover

#Bitcoin Yet again made a major pivot within the first week of the month. I think there’s a good chance that this 4th of November monthly low, won’t get re-visited. Meaning that we’re right back in line with the pattern from the previous few months. Down first -> Up after.

$MEW is now up more than 60%, and recently got the holy grail KRW listing on Upbit Never fade koreans The cabal coin narrative is super mid curve and this coin did not in fact go to zero. Team has been beating content production and nailed 50+ exchange listings so far

Consider that Koreans mostly trade spot on Bithumb and Upbit and do not have access to many other memecoins as it’s difficult to list there This is the schelling point for Korean speculative capital