Jersey City To Adopt Bitcoin ETFs in Pension Fund Allocation

Quick Summary:

Jersey City Mayor Steven Fulop has disclosed that the city’s pension fund will invest some of its resources in Bitcoin ETFs.

This move comes in the wake of the Wisconsin Pension Fund, which has already included Bitcoin ETFs in its investment portfolio.

According to him, the pension fund of Jersey City is in the process of filing new papers with the U.S.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaJapanUnited States

Topics: Bitcoin ETF 24/7 Cryptocurrency News Bitcoin News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 19:52:35 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 573 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21777056

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