Wisconsin Dismantles Entire Bitcoin Investment, SEC Filing Reveals

The Wisconsin State Investment Board has made a dramatic move, selling their entire investment in the iShares Bitcoin Trust ETF in the first quarter of 2025. This information was revealed in a quarterly filing with the U.S. Securities and Exchange Commission (SEC). The fund’s decision to divest from the spot Bitcoin ETF marks a significant shift for institutional investors in the sector, following their early adoption in the first quarter of 2024. According to filings, the state pension fund held a $321.5 million stake in the iShares Bitcoin Trust ETF at the end of 2024.