During Q2 2025, the Michigan State Retirement System increased its holdings in the ARK 21Shares Bitcoin ETF from 100,000 to 300,000 shares, showcasing a significant commitment to Bitcoin.
In addition, the fund’s investment in 460,000 shares of the Grayscale Ethereum Trust signifies its entry into Ether investments. Michigan lawmakers are also pursuing pro-crypto legislation to enhance state investments in cryptocurrencies.
Leave a Reply