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The Michigan pension fund increased its holdings in the Ark Bitcoin ETF in Q2, with a holdings value of approximately 10.7 million USD.
On August 5, according to a document from the SEC today, the Michigan State Retirement Fund held 300,000 shares of the Ark Bitcoin ETF (with a market capitalization of approximately $10.7 million) as of June 30. This holdings increased from the 100,000 shares reported on March 31. Note: The full name of the Ark Bitcoin ETF is The ARK 21Shares Bitcoin ETF (ARKB).