PensionFund
26 views
1 Discussing
Hot
Latest
š°š· South Koreaās $800B Pension Titan Eyes Bitcoin ā Historic Shift Incoming? š„
The winds of change are blowing through Seoulās financial corridors ā and Bitcoin may be next on the National Pension Serviceās (NPS) shopping list.
With over $800 billion in assets, South Koreaās NPS is now seriously considering direct Bitcoin exposure, fueled by:
Pro-crypto political support
New laws enabling public funds to invest in digital assets
Surging interest in crypto across all age groups ā even retirees
Hereās Whatās Happening:
The NPS already holds $34M in MicroStrategy and $45M in Coinbase, both key Bitcoin exposure plays.
Presidential hopeful Lee Jae-myung is pushing for spot Bitcoin ETFs and greater access for youth investors.
A recent poll shows 11% of South Korean crypto holders are in their 60s, surpassing those in their 50s!
Why This Matters:
If the NPS goes all-in on direct BTC purchases, it could be one of the largest institutional BTC buy-ins in history ā possibly triggering a new wave of global pension funds to follow.
TL;DR:
South Koreaās mega pension fund is no longer just flirting with crypto ā itās getting serious.
Bitcoin may soon be part of a retirement portfolio worth $800B+.
Bullish or just noise?
Drop your thoughts below.
#Bitcoinā #SouthKorea #CryptoNews #PensionFund #InstitutionalCrypto
The winds of change are blowing through Seoulās financial corridors ā and Bitcoin may be next on the National Pension Serviceās (NPS) shopping list.
With over $800 billion in assets, South Koreaās NPS is now seriously considering direct Bitcoin exposure, fueled by:
Pro-crypto political support
New laws enabling public funds to invest in digital assets
Surging interest in crypto across all age groups ā even retirees
Hereās Whatās Happening:
The NPS already holds $34M in MicroStrategy and $45M in Coinbase, both key Bitcoin exposure plays.
Presidential hopeful Lee Jae-myung is pushing for spot Bitcoin ETFs and greater access for youth investors.
A recent poll shows 11% of South Korean crypto holders are in their 60s, surpassing those in their 50s!
Why This Matters:
If the NPS goes all-in on direct BTC purchases, it could be one of the largest institutional BTC buy-ins in history ā possibly triggering a new wave of global pension funds to follow.
TL;DR:
South Koreaās mega pension fund is no longer just flirting with crypto ā itās getting serious.
Bitcoin may soon be part of a retirement portfolio worth $800B+.
Bullish or just noise?
Drop your thoughts below.
#Bitcoinā #SouthKorea #CryptoNews #PensionFund #InstitutionalCrypto
š° Pension Funds Are Entering Bitcoin!
In its recent filing with the SEC, the State of Wisconsin Investment Board revealed that it holds over $162 million in #BitcoinETFs " data-hashtag="#BitcoinETFs" class="tag">#BitcoinETFs
It is the first state pension board to buy #Bitcoin ETFs.
The pension market in the US was reported to be <$5 trillion in 2023.
Imagine if $BTC eats 10% of this market!
#pensionfund #etfs #TrendingTopic
In its recent filing with the SEC, the State of Wisconsin Investment Board revealed that it holds over $162 million in #BitcoinETFs " data-hashtag="#BitcoinETFs" class="tag">#BitcoinETFs
It is the first state pension board to buy #Bitcoin ETFs.
The pension market in the US was reported to be <$5 trillion in 2023.
Imagine if $BTC eats 10% of this market!
#pensionfund #etfs #TrendingTopic
Login to explore more contents