Jersey City to invest portion of pension fund in Bitcoin ETFs

2024-7-27 01:55

Jersey City's pension fund investment in Bitcoin ETFs may accelerate broader institutional adoption of cryptocurrencies in public finance. The post Jersey City to invest portion of pension fund in Bitcoin ETFs appeared first on Crypto Briefing.

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Bitcoin ETFs in the US drive higher crypto allocations among institutional investors

Institutional investors increasingly sought exposure to crypto during the first quarter of the year following the launch of several US-based spot Bitcoin exchange-traded funds (ETFs) in January. The CoinShares Digital Fund Manager survey revealed that these institutional investors have significantly increased their digital asset allocations, reaching 3% in their portfolios.

2024-4-25 19:55