News with the tag "pension funds"

In a surprising turn that underscores the growing acceptance of digital assets within traditional financial systems, it’s been revealed that a significant number of North American states are dipping their toes into the cryptocurrency market, albeit indirectly. Are you ready to uncover where public f...

Indiana has officially entered the crypto investment space with the introduction of House Bill 1322 (HB 1322), a proposal that could allow state pension funds to invest in Bitcoin ETFs. This move follows similar initiatives in states like Michigan, Utah, Arizona, and California, highlighting the gro...

Pension Funds in U.S., UK, and Australia Turn to Crypto After Bitcoin Surge Pension funds in the U.S. , UK , and Australia have begun investing in Bitcoin , highlighting a growing recognition of the cryptocurrency’s potential even within traditionally conservative finance sectors. According to the F...

Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account.

Pension funds often feature smaller alternative asset allocations and deep liquidity to mitigate risk, Allie Itami told Cointelegraph.

British pension specialist has guided the U.K.'s first pension to make an allocation into bitcoin.

It's the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg.

South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.

The municipal pension plan of Jersey City, New Jersey, will soon invest in bitcoin via exchange-traded funds, according to a Thursday social media post from Mayor Steven Fulop.

Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price to $420,000. Ric Edel...