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The state of Wisconsin buys over $160 million worth of Bitcoin ETFs.

The state of Wisconsin has an endowment worth over $150 billion, and as of the last 13F (regulatory quarterly report) the endowment has purchased stakes in Bitcoin Spot ETFs.
-Who are the companies behind the funds in which the state of Wisconsin invests – BlackRock /$99.2 million/ and Grayscale /$63.7 million/

The Wisconsin Pension Fund is one of the state’s first official forays into Crypto.
-According to some traders, this should not come as a surprise as the very approval of Spot ETFs was a kind of anticipatory green signal for Crypto. There is another thing, institutions tend to follow the “masses” sooner or later…

Bitcoin price is currently successfully holding the breakout above the EX ATH levels – a strong weekly resistance

Bitcoin – Weekly Chart

Bitcoin – Daily Chart -Under the pressure of 65 MA for validation of the break of last week’s highs.


 Head Dealer Alexander Alexandrov

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