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TechFlow reported on November 5 that according to Bloomberg senior ETF analyst Eric Balchunas' disclosure on the X platform, the Michigan State pension fund has purchased Ethereum ETFs. It is understood that the state's pension fund previously bought Bitcoin ETFs, but its investment in Ethereum ETFs is larger than that in Bitcoin ETFs ($10 million vs. $7 million).
According to Bloomberg senior ETF analyst Eric Balchunas on X, the Michigan state pension fund has purchased Ethereum ETFs. The fund previously bought Bitcoin ETFs, but its investment in Ethereum ETFs is larger in scale—$10 million compared to $7 million for Bitcoin ETFs.
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