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Gate Square New & Returning Creator Rewards are ongoing!
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Bitcoin receives new support from the US: will undergo millions of dollars in purchases!
The largest state in the United States has taken measures to invest its pension fund in BTC.
Steven Fulop, the mayor of Jersey City, announced that a portion of the city's pension fund will be invested in BTC. Fulop stated in a July 25th tweet that the Jersey pension fund will invest 2% of its funds in BTC, similar to the Wisconsin pension fund.
Flop emphasized that the investment will be made through Spot BTC ETF and is expected to be completed before the end of the summer.
The question of whether Cryptocurrency and BTC will persist has basically been resolved, and Cryptocurrency and BTC have emerged victorious. I have long believed in Cryptocurrency (despite its ups and downs), but overall, I believe that blockchain is one of the most important technological innovations since the internet.
The Wisconsin Investment Board announced in May last year that it owned $163 million worth of SpotBTCETF shares.
Some small retirement funds, such as the Houston Firefighters Relief and Retirement Fund, have emerged in recent years by investing in Cryptocurrency and currently manage assets of approximately $5 billion.
The investment measures of BTC supporters in the state are interpreted as a clear sign of the United States' increasing support for Cryptocurrency.
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