Michigan Pension Fund Increases Holdings in Ark Bitcoin ETF in Q2, with a Position Valued at Approximately $10.7 Million

BlockBeats news, on August 5, according to a document from the U.S. Securities and Exchange Commission (SEC) today, the Michigan state pension fund held 300,000 shares of the Ark Bitcoin ETF (valued at approximately $10.7 million) as of June 30. This position has increased from the 100,000 shares reported as of March 31.

Note: The full name of the Ark Bitcoin ETF is The ARK 21Shares Bitcoin ETF (ARKB).