In brief
Michigan Retirement System now holds 300,000 shares of the ARK Bitcoin ETF, up from 100,000 in Q1.
The fund also maintains a $13.6 million position in Grayscale’s Ethereum Trust, unchanged…
Key Points:The University of Michigan Consumer Sentiment Index for May 2025 reached 52.2, influenced by a tariff pause.Sentiment turned a corner after temporary relief on China tariffs.Persistent consumer concerns despite…
Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds.Republican state Representative Bill Schuette introduced House Bill 4510 on…
Key Takeaways:Michigan introduced four new bills aimed at defining crypto policy and limiting federal control over digital assets.
One bill would allow public pension funds to invest in Bitcoin through regulated…
In brief
Michigan lawmakers introduced four crypto-related bills, including HB 4510, which would permit public retirement funds to invest in Bitcoin via regulated exchange-traded products.
HB 4511 seeks to block state support…