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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
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August 11 – 20, 2025
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The U.S. state of Wisconsin has exited Bitcoin investments.
The U.S. state of Wisconsin, one of the medium-sized states, reported that BlackRock has sold its shares in the Bitcoin spot ETF.
According to the quarterly report submitted to the (SEC) by the US Securities and Exchange Commission, the Wisconsin State Investment Board (SWIB) closed all its positions in the ETF in the first quarter of 2025.
SWIB was one of the first institutional investors to add Bitcoin spot ETFs launched in the first quarter of 2024 to its portfolio. According to official records, the fund had a Bitcoin investment worth 321 million dollars in the fourth quarter of 2024. There has not yet been an explanation from officials regarding the reasons for this decision.
Wisconsin is the 21st most populous state in the U.S. with a population of approximately 6 million. The state's gross domestic product is over 400 billion dollars.
On the other hand, Wisconsin is the only state in the U.S. that has made a significant investment in Bitcoin ETFs. Another state, Michigan, has a retirement fund that owns a $6.6 million stake in the ARK 21Shares Bitcoin ETF. There are no other states on official records that have purchased shares in Bitcoin ETFs.
Published: May 15, 2025 23:35