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Multi-Billion Dollar UK Pension Fund Cartwright Dives into Bitcoin with 3% Allocation

  • Cartwright, a UK pension fund, has allocated 3% of its portfolio to Bitcoin as a direct investment.
  • The move signifies confidence in Bitcoin's potential as a long-term asset and aims to protect against inflation.
  • The decision reflects a progressive approach by trustees to adapt to the evolving financial landscape.
  • Michigan pension fund also reveals investments in Ethereum ETFs, showing the diversification opportunities in cryptocurrencies.

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