Jersey City Mayor Steven Fulop has announced plans to allocate a portion of the city's pension fund to Bitcoin exchange-traded funds (ETFs) 
 
 
 
 
 
 
 
 
 
. Fulop, who has been a long-time believer in cryptocurrencies, expressed his intention to update the pension fund's paperwork with the United States Securities and Exchange Commission (SEC) to reflect the investment in Bitcoin ETFs