News Explorer — Wisconsin Investment Board Bets on BlackRock's Bitcoin ETF

Generated by AI, curated by humans

Aug 14, 4:24 pm

bitcoinmagazine.com

Wisconsin Investment Board Bets on BlackRock's Bitcoin ETF

The State of Wisconsin Investment Board (SWIB) has increased its investment in BlackRock's iShares Bitcoin Trust (IBIT), according to an SEC filing. As of June 30, SWIB owns 2,898,051 shares of IBIT, valued at $98.9 million, marking a substantial increase from May. The filing also revealed that SWIB no longer holds any position in the Grayscale Bitcoin Trust (GBTC).

The State of Wisconsin Investment Board (SWIB) has increased its investment in BlackRock's iShares Bitcoin Trust (IBIT), according to an SEC filing. As of June 30, SWIB owns 2,898,051 shares of IBIT, valued at $98.9 million, marking a substantial increase from May. The filing also revealed that SWIB no longer holds any position in the Grayscale Bitcoin Trust (GBTC).

Latest

Apr 17, 6:03 pm

Decrypt

North Korea's Lazarus Could Not Cash Out Illicit Crypto If Not for China, Says TRM

The Chinese black market plays a crucial role in laundering billions in crypto for criminal groups worldwide, from North... Read Summary

Apr 17, 5:31 pm

DL News

Binance CEO Says Exchange Is Helping Countries With Crypto Reserves

Binance has been approached by several countries seeking advice on establishing national crypto reserves and regulations... Read Summary

Apr 17, 4:52 pm

Decrypt

Crypto Lender Ledn Prepares Expansion Into California

Ledn, a major centralized crypto lender, aims to expand services in the U.S., focusing on California approvals. The firm... Read Summary

Apr 17, 4:18 pm

Coindesk

Zero Edge Crypto Casino Founder Arrested After Admitting to Misuse of Funds

Richard Kim, founder of Zero Edge, was arrested for allegedly misappropriating millions of dollars from investors. Kim a... Read Summary

Apr 17, 3:51 pm

Decrypt

'Treeverse' Game Readying Crypto Rewards on Ethereum Network Immutable

Treeverse, an Ethereum-based action role-playing game, will kick off its first in-game rewards season on April 19, offer... Read Summary

Apr 17, 3:16 pm

Decrypt

Central African Republic Solana Meme Coin Rebounds Amid Revival Rumors

President Faustin-Archange Touadéra hinted at a future law influenced by the Central African Republic Meme (CAR) token,... Read Summary

Apr 17, 2:53 pm

Decrypt

Bitcoin Trading Volatility May Be Cooling: Analyst

Bitcoin's volatility may calm down, but intermittent dips are expected before it reaches $90,000 again, as per a BRN ana... Read Summary

Apr 17, 12:59 pm

Coindesk

Ethena and Securitize Collaborate on Converge Blockchain Using Arbitrum Tech

Ethena and Securitize plan to utilize Arbitrum's technology and Celestia data network for their Ethereum-compatible bloc... Read Summary

Apr 17, 1:17 pm

Forbes

Web3's Evolution Necessitates Tailored Systems for AI Agents to Operate Effectively Across Decentralized Networks

AI agents are revolutionizing Web3 by optimizing yields, securing protocols, and scanning markets. However, the challenge lies in the computing power required to run these agents at sca... Read Summary

Apr 17, 12:21 pm

Decrypt

Lawsuit Against SEC Paused Due to Leadership Transition, Accusing Overreach in Targeting Crypto Firms

A 60-day stay was granted in the case between state attorneys general and the SEC, following a leadership transition. Th... Read Summary

Apr 17, 11:22 am

Decrypt

Operation Avalanche Disrupts $4.3 Million Ethereum Phishing Attack

A joint operation named Operation Avalanche, involving U.S. Secret Service and Canadian authorities, targeted $4.3 milli... Read Summary

Apr 17, 7:22 am

Decrypt

Pump.Fun's Co-founder Rejects Base's Token Experiment, Says Platform Won't Launch a Token

Pump.Fun's co-founder responded to Base's controversial auto-minted token experiment, clarifying they won't follow suit.... Read Summary

Apr 17, 6:59 am

Decrypt

ChinaAMC to Launch Staking-Enabled Ethereum ETF Following Key Rule Change in Hong Kong

The SFC's approval has paved the way for China Asset Management to launch a staking-enabled Ether ETF in collaboration w... Read Summary

Apr 17, 5:37 am

Decrypt

A16z Urges SEC to Allow RIAs to Self-custody Crypto Assets, Proposes New Guidance

Andreessen Horowitz (a16z) has submitted a formal letter to the SEC's Crypto Task Force, advocating for registered inves... Read Summary

Apr 17, 3:22 am

Decrypt

Chemical Signals Detected on Exoplanet Suggests Potential for Alien Life, Says Cambridge University

The University of Cambridge announced the discovery of dimethyl sulfide and dimethyl disulfide in the atmosphere of exop... Read Summary