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State of Wisconsin Investment Board No Longer Holds $321M in BlackRock’s Bitcoin ETF Shares

  • State of Wisconsin Investment Board (SWIB) has divested $321M worth of BlackRock's Bitcoin ETF shares.
  • SWIB was an early buyer of spot Bitcoin ETFs, setting a precedent for other U.S. states to follow.
  • Even though SWIB increased its IBIT holdings to $107M at one point, it has now exited its position.
  • Goldman Sachs has become the largest known IBIT holder globally, solidifying IBIT's dominance in the spot Bitcoin ETF market.

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