Wisconsin sells BlackRock's Bitcoin ETF worth over $300 million

ChainCatcher news, according to The Block, the latest 13F filing disclosed by the Wisconsin Investment Board shows that the agency has completely liquidated its $321 million position in the BlackRock spot Bitcoin ETF (IBIT).

The filing indicates that as of the end of March, the board no longer holds any IBIT shares. The investment board has not fully exited crypto-related investments, as the filing shows it still holds approximately $19 million in Coinbase stock. Previously, the agency had completely liquidated its position in the Grayscale Bitcoin Trust (GBTC). Notably, the BlackRock IBIT fund recently set a record for 20 consecutive days of net inflows, with inflows exceeding $5 billion.