$ETH Wisconsin Investment Board Quietly Sells Entire Bitcoin ETF Stake Amid Trade Turmoil
Wisconsin sold all its Bitcoin ETF shares before US tariffs caused market turmoil and crypto price drops.
SWIB exited Bitcoin investments while other global funds increased their holdings in the same ETF.
Despite Wisconsin’s exit the IBIT fund continues to lead with high inflows and growing market dominance.
The State of Wisconsin Investment Board (SWIB) fully exited its position in BlackRock’s iShares Bitcoin Trust (IBIT) during the first quarter of 2025, according to a May 15 U.S. Securities and Exchange Commission (SEC) filing.