Many friends ask, how can pension funds possibly invest in Bitcoin and Ethereum? However, there are already precedents for this. For example, the pension fund from the State of Michigan in the United States recently disclosed to the SEC that it holds:

ARK Bitcoin ETF, 300,000 shares

Valued at $11.3 million

Grayscale Ethereum Trust, 460,000 shares

Valued at $9.595 million

Among them, the Bitcoin ETF has increased its holdings nearly 3 times compared to the first quarter of this year.

So do not use the investment perspective of a certain university's pension fund to view Western pension funds; the management and operators here have a very forward-looking vision.