Another holder at the end of the first quarter was the Wisconsin State Pension Fund, which doubled its holdings in IBIT last quarter, buying an additional 447,651 shares of the fund. It also liquidated all of its shares in Grayscale's Bitcoin Trust (GBTC), which were worth $63.7 million at the end of March. The state held 2,898,051 shares, worth $98.9 million, as of the end of June.
