Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows 💼
The Wisconsin Pension Fund made a strategic decision to sell its $300 million stake in BlackRock's Bitcoin ETF during the first quarter. This move was executed just weeks before the imposition of comprehensive U.S. tariffs, which subsequently led to a downturn in the cryptocurrency market. The timing of the sale suggests a preventative measure against potential market volatility caused by geopolitical trade tensions.
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