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The Jersey City, New Jersey pension fund will invest in a bitcoin ETF.

The mayor of Jersey City, New Jersey, announced on Thursday that the city's pension fund will allocate a percentage of its investment to bitcoin exchange-traded funds (ETFs). Writing on social media platform X, Fulop said the Jersey City pension fund was updating its filings with the SEC, similar to the Wisconsin pension fund. The mayor estimated the process would be completed by the end of the summer. Fulop said: "The question of whether cryptocurrencies and bitcoin will continue to exist is ba...

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2024-07-26 04:51:15