The pension fund in Michigan, USA, has purchased Ethereum ETF

ChainCatcher news, according to Bloomberg senior ETF analyst Eric Balchunas on the X platform, the Michigan state pension fund has purchased an Ethereum ETF. It is reported that the state pension fund had previously bought a Bitcoin ETF, but the scale of funds used to purchase the Ethereum ETF is larger than that used for the Bitcoin ETF ($10 million vs. $7 million).