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Ars Technica

Ars Technica

With Bitcoin near $100,000, even pension funds are buying cryptocurrency

Ars Technica
Summary
Nutrition label

66% Informative

Pension schemes for the states of Wisconsin and Michigan are among the top US stock market funds devoted to crypto.

Advisers say the surge in bitcoin last year , which more than doubled to touch $ 100,000 , has spurred interest of conservative trustees.

Some pension fund managers in the UK and Australia have also made small allocations in recent months to bitcoin using funds or derivatives.

VR Score

71

Informative language

74

Neutral language

14

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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