Michigan state pension fund reports $11 million exposure to Ethereum ETFs

Gino Matos

The State of Michigan Retirement System disclosed over $11 million in exposure to spot Ethereum (ETH) exchange-traded funds (ETF) in its latest 13-F filing. As a result, Michigan became the first state to invest in Ethereum and currently holds a larger position in Ethereum ETFs, compared to the $7 million invested in spot Bitcoin ETFs […]

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Michigan state pension fund reports $11 million exposure to Ethereum ETFs