State of Wisconsin Investment Board Includes Bitcoin in Retirement Funds

By Novasky | DevPress | 15 May 2024


Crypto is changing. And now it is allowing the people to include the crypto into the govt and the investment assets. Take example of Wisconsin retirement fund that has invested into the bitcoin ETF. Which means whether you buy it or the govt buys it either way your retirement funds would be including the crypto. And this goes to say that you investing into the crypto is going to make the retirement funds a reliable investment for your life. 

As you can see this move would make the retirement fund more stable and also the income would rise and drop based on the bitcoin price in the market. However this also means that bitcoin would be more stable over the period of the time. In short the way things are going on right now bitcoin would be included in almost every assets out there that promises some growth. 

How the allocation of ETF has been for the WIB retirement fund? BlackRock iShares Bitcoin Trust (IBIT) and Grayscale Bitcoin Trust (GBTC) are the two funds where more than 4 million funds are being invested. And that goes to show there is a stability now for those funds with the retirement fund board has invested the assets invested into it. You can check the govt document explaining the crypto exposure of the firms. 

This is a good direction that crypto is heading. With the bitcoin investment increasing into the US based govt assets every now and then. This goes to show that de-dollarization won't help much in the long term. And USD would continue to retain it's higher ground in the long term. 

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Novasky
Novasky

Crypto Blogger and Open Source Developer.


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