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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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US State Said More, Doubled Bitcoin! - Coin Bulletin
SWIB, the agency responsible for managing public funds in the US state of Wisconsin, increased its Bitcoin investments from 164 million dollars to 321 million dollars by increasing (BTC).
Wisconsin State Investment Board (SWIB), as the entity managing the state's public funds, increased its Bitcoin investments to approximately $321 million. This increase was revealed in a filing made to the Securities and Exchange Commission (SEC) on February 14th.
Previously, in the filing submitted to the SEC by SWIB in May 2024, it was disclosed that it held 164 million dollars worth of Bitcoin ETFs. At that time, the fund held 2.4 million shares worth 100 million dollars in BlackRock's iShares Bitcoin Trust (IBIT) and 1 million shares worth 64 million dollars in Grayscale Bitcoin Trust (GBTC).
Another detail that stands out in the recent filing is that the fund sold all of its shares in GBTC and completely shifted its Bitcoin investments to IBIT. With these changes, the fund currently has a little over 6 million IBIT shares. This move indicated a shift in the fund's strategy towards Bitcoin.
After Donald Trump, developments related to cryptocurrencies in the United States are leading many states, institutions, and pension funds to increasingly turn to Bitcoin.