Wisconsin sells BlackRock's Bitcoin ETF worth over $300 million

PANews reported on May 16 that according to The Block, the latest 13F document disclosed by the Wisconsin Investment Commission shows that the institution has cleared the BlackRock spot Bitcoin ETF (IBIT) worth $321 million. The commission no longer holds any share of IBIT in the fiscal quarter ended at the end of March, the documents show. The investment committee has not completely withdrawn from crypto-related investments, and documents show it still holds about $19 million worth of Coinbase shares. Previously, the institution had cleared its holdings of Grayscale Bitcoin Trust (GBTC). It is worth noting that BlackRock IBIT Fund has just set a record of 20 consecutive days of net inflows, with capital inflows exceeding US$5 billion.