Michigan’s State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future

Michigan’s State Pension Boosts Bitcoin ETF Stake, Signaling Cautious Confidence in Crypto's Future

The State of Michigan Retirement System (SMRS) has notably expanded its investment in bitcoin (BTC), perhaps demonstrating either a growing appetite for risk or a firm belief in the cryptocurrency’s future value.In a 13F filing with the Securities and Exchange Commission (SEC) on Tuesday, the pension fund revealed it had increased its position in the Ark Bitcoin ETF (ARKB) to 300,000 shares, up from 110,000 in the previous quarter.At bitcoin's c…

State-Run Pension Fund Deepens Crypto Exposure With $10.7M Bitcoin ETF Holdings  » News.ng

Michigan’s state-managed pension fund has deepened its exposure to Bitcoin by significantly increasing its holdings in the ARK 21Shares Bitcoin ETF (ARKB), according to a recent SEC disclosure. Between March and June 2025, the fund tripled its stake, going from 100,000 to 300,000 shares. That investment, initially worth around $4.1 million, now totals $10.7 million. The move signals growing confidence among traditional institutions in regulated …

Michigan Pension Fund Reports Record Bitcoin ETF Investment

The State of Michigan Retirement System tripled its Bitcoin ETF holdings during the second quarter, according to Cointelegraph. The pension fund now holds 300,000 shares of the ARK 21Shares Bitcoin ETF (ARKB), valued at $10.7 million as of June 30. This represents a substantial increase from the 100,000 shares the fund reported owning at the end of March.The filing with the Securities and Exchange Commission shows Michigan's continued commitment…

Michigan pension fund deepens Bitcoin exposure with $11M stake in ARK ETF - WorldNL Magazine

Michigan’s state pension fund has significantly increased its exposure to Bitcoin (BTC) via the ARK 21Shares (ARKB) exchange-traded fund, highlighting how ETFs are streamlining access to digital assets for institutional investors.By the end of the second quarter, the State of Michigan Retirement System owned 300,000 ARKB shares, worth $10.737 million, according to regulatory filings with the US Securities and Exchange Commission (SEC). This mark…

Michigan pension fund deepens Bitcoin exposure with $11M stake in ARK ETF

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Michigan State Pension Fund Boosts Bitcoin ETF Holdings to $10.7 Million

Michigan’s state pension fund has significantly expanded its position in the ARK 21Shares Bitcoin ETF (ARKB), tripling its holdings to 300,000 shares as of June 30th, according to a recent SEC filing. In an SEC filing today, Michigan's state pension fund reported owning 300,000 shares of the Ark Bitcoin ETF as of June 30 (valued at $10.7 million).That's an increase from 100,000 shares previously reported as of March 31.Filing:https://t.co/bO7boi…