The Wisconsin State Investment Board is no longer carried 321 million dollars in the shares of Bitcoin ETF from Blackrock

The Wisconsin Investment Council (SWIB), an independent agency that deals with the assets of retirement and investment funds in Wisconsin, has disposed of its shares in the BLACOCOC Bitcoin (ETF).

SWIB was one of the first buyers of Spot Bitcoin ETFS, as he put a precedent for the other United States. It is not clear why the agency decided to give up the shares of ISHARES Bitcoin Trust (IBIT) of more than $ 321 million, barely a year after the start of accumulation.

Swib comes out of Ibit

After the US Securities and Stock Exchange Committee (SEC) agreed to launch Spot Bitcoin ETFS in January 2024, SWIB acquired IBIT shares of $ 99.2 million. The entity also bought $ 64 million from Bitcoin Trust (GBTC) at a value of $ 64 million, as shown in depositing 13F for the first quarter of 2024.

Swib at the time made newspaper addresses and sparked talks about other US states that allocate parts of their reserves to gain investment funds circulating in Bitcoin. Even New Hampsheer, which recently established a strategic bachelors reserves, was considered in the footsteps of the Wisconsin Council at the time.

Although SWIB eventually renewed GBTC’s possessions by the second quarter of 2024, the agency increased IBIT holdings to nearly 2.9 million shares worth at least $ 107 million at that time. The organization also acquired shares of other encryption companies, including Coinbase Digital Asset Exchange, Bitco Miner Marethon Digital, Blockchain Financial Services Robinhood and Block Inc.

Latest report 13f Model foot With the appearance of SEC for the first quarter of 2025 that SWIB is still carrying at least $ 18.8 million of Coinbase shares despite the exit from its website on Ibit’s Blackrock. The agency also has more than a million dollars of marathon shares and $ 14.2 million of Robinhood shares.

IBIT is still leading the investment funds circulating in Bitcoin

While Swib has emptied IBIT shares, other financial institutions are loading their bags. One example is the Goldman Sachs, which accumulates IBIT shares this year.

The big analytical company open Last week, Goldman Sachs became the largest known international stand. Forming 13F 13F for the bank with SEC has unveiled the holdings of 30.8 million IBit shares of approximately $ 1.4 billion.

Considered purchases of entities such as Goldman Sachs have strengthened IBIT in the immediate Bitcoin ETF market, making the product the largest by management assets.

At the same time, Ibit only I finish A 20 -day flow chain, during which at least $ 5 billion moved to the box.