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State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF

“Normally you don’t get these big fish institutions in the 13Fs for a year or so (when the ETF gets more liquidity) but as we’ve seen these are no ordinary launches,” Bloomberg Intelligence senior ETF analyst Eric Balchunas wrote in a post on X. “Good sign, expect more, as institutions tend to move in herds.”

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