PANews reported on November 5 that according to The Block, the Michigan Retirement System disclosed that it holds about $10 million worth of Grayscale spot Ethereum ETF (ETHE), becoming the first state-level pension to invest in the product since the ETF went online in July this year. In addition, it also holds about $1.1 million worth of Grayscale Ethereum Mini ETF. The system has previously disclosed holdings of about $7 million in spot Bitcoin ETFs.
Michigan Pension Fund Holds $10 Million in Ethereum ETF, Becoming the First State Pension Fund to Invest in ETH ETF
第五届PANews年度评选暨 PARTY AWARD 2025 开启投票！
创历届纪录！近300个项目及个人通过数据筛选、公开报名和社区推荐，进入本次评选投票阶段。谁是推动Web3和Crypto走向主流的先锋？点击图片参与投票，为你心目中的年度最佳助力！
点击下方图片立即投票！
Comment
Recommend Reading
2024-11-05SBI Digital Markets Expands Singapore Tokenization Program with New Pilot
Mt. Gox cold wallet address transfers another 2,000 bitcoins
Paxos stablecoin USDG returns the income generated by reserves to network partners
The address starting with 0xd23 has increased its holdings by another $3.1 million in the past 6 hours to support Trump’s victory
Solidity 2.0 developer Vlayer raises $10 million in pre-seed funding
A British pension fund has officially allocated 3% of its assets to Bitcoin
