SWIB
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Wisconsin pension fund sells off Bitcoin ETF before 'Liberation Day'. Accurate prediction or strategy?
Amid the storm of tariffs and market volatility, Wisconsin quietly exited its $300 million Bitcoin ETF.
A new report submitted to the U.S. Securities and Exchange Commission (SEC) shows that the Wisconsin Investment Fund (#SWIB ) sold its entire stake worth over $300 million in BlackRock's Bitcoin ETF (IBIT) right in the first quarter of 2025, before the crypto market experienced a major shock due to U.S.-China trade tensions.
A new report submitted to the U.S. Securities and Exchange Commission (SEC) shows that the Wisconsin Investment Fund (#SWIB ) sold its entire stake worth over $300 million in BlackRock's Bitcoin ETF (IBIT) right in the first quarter of 2025, before the crypto market experienced a major shock due to U.S.-China trade tensions.
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