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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin FundAccording to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund will invest […]

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