Wisconsin Pension Fund Sold IBIT Before Trade Clash

The Wisconsin State Council sold investment from its share of $ 321.5 million in Blackrock’s ISHARES Bitcoin Trust (IBIT)According to the Securities and Exchange Committee report on Thursday, with the escalation of international trade tensions.

The deposit shows the Reflection of Wisconsin months after embracing the Bitcoin at the beginning. According to the 13F report, SWIB liquidated more than 6.1 million IBIT shares from its wallet during the first quarter of 2025, as it concluded the disposal process by the end of March.

The retirement pension fund withdrawal from investing the cryptocurrency was only a few days before shipping changes in the commercial policy that created market fluctuations, while highlighting the size of institutional investors who may reconsider the possession of digital assets when the economic conditions appear unconfirmed.

As one of the first government retirement funds to invest in the investment funds circulating in Bitcoin upon launch, the Swib withdrawal raises questions about the long -term commitment to institutional investors with digital assets, especially when facing the opposite winds.

After leaving the state of Wisconsin from the Bitcoin market, the encrypted currency reviews witnessed pressure with the deterioration of international trade relations. In early April, the new administration carried out a wide tariff that affects global relations with close allies.

The retirement pension fund has proven well, as Bitcoin prices later decreased amid increasing commercial disputes. By March, American definitions on Chinese products reached 145 %, while China faced 125 % fees for American imports.

By mid -May, both countries began to reduce commercial restrictions, as US prices on Chinese goods decreased to 30 %, while Chinese duties on American products decreased to 10 %.

During this period of economic friction, bitcoin prices fell to less than $ 75,000, according to data from Coinmarketca. After the end of the quarter, bitcoin prices mostly stumbled, as it reached 105,747 dollars during the past month, with the return of the market stability and the diminishing trade tensions.

Although Bitcoin’s direct investment is left, the pension fund has maintained some exposure to the encrypted currency. The deposit reveals that SWIB holds 127,528 shares of strategy (MSTR), formerly known as Microstrategy, at a value of about $ 36.8 million, which represents the allocation of a smaller coding from the previous ETF mode.

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