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Michigan adds $6.6m in Bitcoin ETFs to pension fund

Micah Zimmerman
July 26, 2024
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The State of Michigan Retirement System has invested $6.6 million in ARK 21Shares’ ARKB spot Bitcoin exchange-traded fund. The ETF investment, disclosed in a 13-F form filed with the SEC, represents a small fraction — 0.004% — of the state’s…

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