Jersey City mayor to invest pension fund in Bitcoin ETFs

Jersey City Mayor Steven Fulop plans to invest pension funds in Bitcoin ETFs. Fulop likens the investment to Wisconsin Pension Fund’s 2% crypto allocation. SEC-approved Bitcoin ETFs see minimal adoption by major financial institutions. Jersey City Mayor Steven Fulop has announced plans to invest a portion of the city’s pension fund into Bitcoin ETFs. Fulop, […] source: https://coinjournal.net/news/jersey-city-mayor-to-invest-pension-fund-in-bitcoin-etfs/