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Wisconsin has sold its entire $300 million stake in BlackRock’s Bitcoin ETF, as revealed in an SEC filing. The move coincided with escalating U.S.-China trade tensions and a broader crypto market downturn.
- Wisconsin sold its $300M Bitcoin ETF stake ahead of escalating U.S.-China trade tensions.
- Trump’s tariff policies caused Bitcoin to drop below $75,000 and Ethereum to two-year lows.
- Trade tensions briefly eased in May with reduced tariffs, but crypto markets remained unstable.
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Other Tags: Bitcoin ETF, State of Wisconsin Investment Board