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Wisconsin Dumps $350M Bitcoin ETF Bet—Just as Crypto Hits New Highs

Wisconsin Dumps $350M Bitcoin ETF Bet—Just as Crypto Hits New Highs

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-16 12:35:16
0

Wisconsin Sells Entire $350M Spot Bitcoin ETF Stake

In a move that reeks of classic institutional timing, Wisconsin’s investment board liquidated its entire spot Bitcoin ETF position. The $350 million sell-off comes amid Bitcoin’s 2025 rally—proving once again that pension funds are the ultimate contrarian indicators.

Why now? The state hasn’t explained its exit, but the paperwork screams ’risk aversion.’ Meanwhile, crypto traders shrug: ’More coins for us at pre-ATH prices.’

Bonus jab: Nothing says ’prudent investing’ like selling low-volatility assets to chase 2% Treasury yields.

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