The investment by the State of Wisconsin Investment Board into the spot bitcoin ETFs earlier this year is just a trial phase, a professor said.The first quarter addition of two spot bitcoin exchange-traded funds to the portfolio of Wisconsin's pension plan was likely just the beginning for that U.S. state’s investments into crypto, said David Krause, a professor of finance at Milwaukee-based Marquette University.
The news shocked the industry as big institutions, specifically pensions, don’t normally invest in young ETFs like the spot bitcoin ETFs, but the state’s investment board has been ahead of the game before, said Krause in an interview with
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