The State of the Wisconsin Investment Board (SWIB), which manages state retirement funds, loads its shares to Blackrock’s Ishhares Bitcoin Trust ETF (IBIT) in the first quarter, filing shows.
The Wisconsin Investment Board reported There are no positions in the Bitcoin ETF in the 13F filing with the US Securities and Exchange Commission on May 15, which is hosting all 6,060,351 Ibit shares reported holding from the previous quarter.
More than 6 million Ibit shares cost nearly $ 355.6 million in current prices.
Swib is one of the first state investment funds to provide exposure to bitcoin to US retired retirees when it Buy $ 164 million worth of Bitcoin ETFS in Q1 2024 – the same quarter that the bitcoin products launched.
Mass Sell-off will only come to a quarter after the swib reports further Buying Ibit Sharing in Q4, While reallocating all 1 million shares held in the Grayscale Bitcoin Trust (GBTC) in Ibit.
Swib reported Managing more than $ 166 billion worth of properties at the end of 2024, which means that Bitcoin ETFs represent around 0.2% of the entire swib portfolio before selling them.
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Meanwhile, Abu Dhabi Sovereignty MUBABABA SUBSCRIBE another 491,439 ibit shares in Q1, According to in the latest filing of 13F.
Its purchases have brought the total sharing of MUBABALA to 8,726,972 to March 31, which costs nearly $ 512 million in current prices.
Ibit was torn
Ibit’s net inflows exceeded $ 45 billion marks on May 14 after a net inflow of $ 232.9 million, faride investors Data Shut up.
The wonder -awesome of ibit 20-day streak of net inflows The day ended before – May 13 – when it registered a “0” sun flow. The Blackrock product released by Bitcoin It has not been seen since April 9 – more than five weeks ago.
The Fidelity Wise Origin Bitcoin Fund (FBTC) and the Ark 21shares Bitcoin ETF (Ark) Trail Ibit at all times net flow to $ 11.6 billion and $ 2.7 billion, respectively.
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