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The Michigan State Pension Fund increases its investments in Ark Bitcoin ETF

According to BlockBeats, a recent filing with the U.S. Securities and Exchange Commission shows that the Michigan State Pension Fund held 300,000 shares of the Ark Bitcoin ETF as of June 30, worth approximately $10.7 million. This is an increase from the 100,000 shares reported on March 31. The Ark Bitcoin ETF, officially known as ARK 21Shares Bitcoin ETF (ARKB), is attracting increasing interest from institutional investors.