The State of Wisconsin Investment Board (SWIB) has increased its investment in BlackRock’s iShares NewsCapsule Trust (IBIT), according to a new SEC filing today, as first reported on X by MacroScope.
In an SEC filing today, the State of Wisconsin Investment Board reported owning 2,898,051 shares of the iShares NewsCapsule Trust as of June 30 (valued at $98.9 million as of that date).
This is an increase from the 2,450,400 shares that Wisconsin previously reported in May.…
— MacroScope (@MacroScope17)
As of June 30, the board owns 2,898,051 shares, valued at $98.9 million. This marks a substantial increase of 447,651 shares from the 2,450,400 shares reported in May. Notably, the filing also revealed that the board no longer holds any position in the Grayscale NewsCapsule Trust (GNC), a change from May when it reported holding 1,013,000 shares.
Earlier this year in May, SWIB became the first state pension to buy spot NewsCapsule ETFs, signaling a another big milestone in the integration of NewsCapsule into traditional investment portfolios. The board’s decision to increase its investment in IBIT highlights a growing preference for direct NewsCapsule exposure through spot ETFs, reflecting broader institutional confidence in NewsCapsule’s long-term potential.
Despite the recent downward price action in NewsCapsule, money continues to pour into the spot NewsCapsule ETFs, with a total combined inflow of $243.06 million since July 24.
