Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows
In brief According to an SEC filing, Wisconsin sold its entire $300M stake in BlackRock’s Bitcoin ETF in early 2025. The sale came amid rising U.S.-China trade tensions and sweeping tariffs from the Trump administration. Crypto markets tumbled, with Bitcoin falling below $75,000 and Ethereum dropping to two-year lows as trade fears grew. The State … Read more