{"id":254250,"date":"2024-08-14T16:54:25","date_gmt":"2024-08-14T16:54:25","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/14\/state-of-wisconsin-investment-board-increased-blackrock-bitcoin-etf-holdings-sec-filing\/"},"modified":"2025-06-25T17:12:25","modified_gmt":"2025-06-25T17:12:25","slug":"state-of-wisconsin-investment-board-increased-blackrock-bitcoin-etf-holdings-sec-filing","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/14\/state-of-wisconsin-investment-board-increased-blackrock-bitcoin-etf-holdings-sec-filing\/","title":{"rendered":"State of Wisconsin Investment Board Increased BlackRock Bitcoin ETF Holdings: SEC Filing"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<p>The State of Wisconsin Investment Board\u00a0(SWIB)\u00a0has increased its investment in BlackRock&#8217;s iShares Bitcoin Trust (IBIT), according to a new SEC <a href=\"https:\/\/www.sec.gov\/edgar\/search\/#\/q=Bitcoin&amp;dateRange=custom&amp;entityName=Wisconsin&amp;startdt=2024-08-14&amp;enddt=2024-08-14\">filing<\/a> today, as first reported on X by MacroScope.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In an SEC filing today, the State of Wisconsin Investment Board reported owning 2,898,051 shares of the iShares Bitcoin Trust as of June 30 (valued at $98.9 million as of that date).<\/p>\n<p>This is an increase from the 2,450,400 shares that Wisconsin previously reported in May.\u2026<\/p>\n<p>&mdash; MacroScope (@MacroScope17) <a href=\"https:\/\/twitter.com\/MacroScope17\/status\/1823742878046195865?ref_src=twsrc%5Etfw\">August 14, 2024<\/a><\/p><\/blockquote>\n<p>As of June 30, the board owns 2,898,051 shares, valued at $98.9 million. This marks a substantial increase of 447,651 shares from the 2,450,400 shares reported in May. Notably, the filing also revealed that the board no longer holds any position in the Grayscale Bitcoin Trust (GBTC), a change from May when it reported holding 1,013,000 shares.\u00a0<\/p>\n<figure>\n<p>                        <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA4NTY1NDY0OTAzNzIyMjkx\/gu8_xaowiaaf_b6.jpg\" height=\"541\" width=\"1200\"><\/p>\n<\/figure>\n<p>Earlier this year in May,\u00a0SWIB became the first state pension to buy spot Bitcoin\u00a0ETFs, signaling a another big milestone in the integration of Bitcoin into traditional investment portfolios. The board&#8217;s decision to increase its investment in IBIT highlights a growing preference for direct Bitcoin exposure through spot ETFs, reflecting broader institutional confidence in Bitcoin\u2019s long-term potential.\u00a0<\/p>\n<p>Despite the recent downward price action in Bitcoin, money continues to pour into the spot Bitcoin ETFs, with a total combined inflow of $243.06 million since July 24.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">U.S. \ud83c\uddfa\ud83c\uddf8 Bitcoin Spot ETFs \ud83d\udc47 2 consecutive days of inflows <a href=\"https:\/\/t.co\/8txUOkdT61\">pic.twitter.com\/8txUOkdT61<\/a><\/p>\n<p>&mdash; HODL15Capital \ud83c\uddfa\ud83c\uddf8 (@HODL15Capital) <a href=\"https:\/\/twitter.com\/HODL15Capital\/status\/1823666519793877284?ref_src=twsrc%5Etfw\">August 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/markets\/state-of-wisconsin-investment-board-increased-blackrock-bitcoin-etf-holdings-sec-filing\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The State of Wisconsin Investment Board\u00a0(SWIB)\u00a0has increased its investment in BlackRock&#8217;s iShares Bitcoin Trust (IBIT), according to a new SEC filing today, as first<\/p>\n","protected":false},"author":1,"featured_media":254251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/254250"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=254250"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/254250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/254251"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=254250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=254250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=254250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}