Institutional adoption of Bitcoin is accelerating — and public entities are joining the wave. According to a recent 13F filing with the U.S. SEC, the Michigan State Investment Board has increased its holdings in the ARK 21Shares Bitcoin ETF (ARKB) from 100,000 shares in Q1 2025 to 300,000 shares as of June 30, 2025.
This represents a 200% increase quarter-over-quarter, with the total position now valued at approximately $10.7 million based on the ETF’s market price.
The ARKB ETF, launched after SEC approval of spot Bitcoin ETFs in January 2024, allows traditional institutions to gain Bitcoin exposure without directly holding the asset — offering both regulatory clarity and operational simplicity.
This trend isn’t isolated. Other U.S. pension funds, including Wisconsin’s State Investment Board, have also disclosed multi-million-dollar allocations to spot BTC ETFs from issuers like BlackRock (IBIT) and Grayscale (GBTC).
With Bitcoin trading near $115,000, these institutional moves reflect rising confidence in BTC as a long-term asset class. The message is clear:
Legacy capital is no longer watching from the sidelines — it’s entering the arena.
📊 Verified Source: SEC 13F filings (Q2 2025)
📌 For informational purposes only. Not financial advice.
