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The recent Bitcoin (BTC) rally above $100,000, reaching its all-time high of $108k, has attracted conservative investors into the crypto space. Pension funds have started investing in cryptocurrency, driven by its promising returns. Thus, the recent crypto market rally and the Bitcoin price surge have marked the growth of crypto pension funds.<\/p>\n
In a recent report, the Financial Times<\/a> revealed that most crypto pension funds have begun showing interest in US-regulated ETFs, which enable indirect investment in cryptocurrencies such as Bitcoin and Ethereum. Many believe that the increasing demand for crypto among typically conservative schemes would lead to more institutional adoption, especially under the incoming President Donald Trump\u2019s administration.<\/p>\n Reportedly, pension schemes in Wisconsin and Michigan are among the largest investors in US crypto-focused funds. In addition, UK and Australian pension funds have also started investing in Bitcoin recently, albeit in small amounts.<\/p>\n <\/p>\n Notably, the State of Wisconsin Investment Board holds about a $155 million stake in BlackRock\u2019s Bitcoin ETF<\/a>. Michigan, being the sixth-largest shareholder in Grayscale\u2019s Ethereum ETF, has a share of $12.9 million. It also holds a notable position in Cathie Wood\u2019s ARK 21Shares Bitcoin ETF.<\/p>\n Despite a \u201cslow moving,\u201d the pension industry is poised to experience \u201cvery interesting\u201d growth due to its crypto influence, said Sam Roberts, director of investment consulting at Cartwright. As revealed by Roberts, more than 50 individuals approached the pension consultancy seeking a pivot to crypto-based retirement investments.<\/p>\n <\/p>\nCrypto Pension Funds and ETF Investments<\/h2>\n
Pension Industry To Boom with Crypto Investments<\/h2>\n