Wisconsin Investment Board Sells Entire $350M Spot BTC ETF Stake

Wisconsin Investment Board Sells Entire $350M Spot BTC ETF Stake

The State of Wisconsin Investment Board (SWIB), one of the first U.S. state pension funds to invest in a spot bitcoin BTC exchange-traded fund, exited its position entirely in the first quarter as the price of the largest cryptocurrency fell about 12%.At end of 2024, the board held more than 6 million shares in BlackRock’s iShares Bitcoin Trust (IBIT), a position valued at around $350 million based on recent prices. That stake is now gone, accor…

State of Wisconsin Investment Board No Longer Holds $321M in BlackRock’s Bitcoin ETF Shares

The State of Wisconsin Investment Board (SWIB), an independent agency handling assets for Wisconsin’s retirement and state investment funds, has divested its shares of BlackRock’s spot Bitcoin exchange-traded fund (ETF). SWIB was one of the early buyers of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow. It is unclear why the agency decided to let go of more than $321 million worth of BlackRock’s iShares Bitcoin Trust (IBI…

The board that oversees retirement funds in the state of Wisconsin, USA, completely liquidated its position in BlackRock’s ETF Bitcoin valued at about $355 million. *** The board that oversees Wisconsin’s retirement funds ruled out its exposure to Bitcoin. According to a regulatory presentation, the state sold its shares in BlackRock’s ETF Bitcoin. After increasing its position to more than 6 million shares by the closing of 2024, it now has not…

Wisconsin Investment Board Quietly Sells Entire Bitcoin ETF Stake Amid Trade Turmoil

Wisconsin sold all its Bitcoin ETF shares before US tariffs caused market turmoil and crypto price drops. SWIB exited Bitcoin investments while other global funds increased their holdings in the same ETF. Despite Wisconsin’s exit the IBIT fund continues to lead with high inflows and growing market dominance. The State of Wisconsin Investment Board (SWIB) fully exited its position in BlackRock’s iShares Bitcoin Trust (IBIT) during the first quart…

The US pension fund splits close to price low from its BTC position – while other investors increase. Source: BTC-ECHO BTC-ECHO

Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows - WorldNL Magazine

In brief According to an SEC filing, Wisconsin sold its entire $300M stake in BlackRock’s Bitcoin ETF in early 2025. The sale came amid rising U.S.-China trade tensions and sweeping tariffs from the Trump administration. Crypto markets tumbled, with Bitcoin falling below $75,000 and Ethereum dropping to two-year lows as trade fears grew. The State of Wisconsin Investment Board quietly liquidated its entire $300 million stake in BlackRock’s iShar…