New Jersey mayor plans to invest in Bitcoin ETFs for city’s pension fund. Mayor Steven Fulop said he had been a “long-time believer“ in crypto but did not appear to have mentioned Bitcoin or other tokens before July 25. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1721947003898-YAKIHONNES3.webp
Steven Fulop, the mayor of Jersey City since 2013, suggested he planned to allocate part of the city’s pension fund to crypto exchange-traded funds, or ETFs. In a July 25 X Post, Mayor Fulop said the Jersey City pension fund was updating its paperwork with the United States Securities and Exchange Commission (SEC) to reflect an investment in Bitcoin BTC tickers down $67,158 ETFs. Though the mayor did not explicitly state what percentage of the fund would be in crypto, he said it would be sim
there are statements suggesting that Bitcoin mining would thrive under a Trump administration. The CEO of Marathon Digital, a prominent Bitcoin mining company, expressed optimism about the industry's prospects under a Trump administration. Additionally, former President Donald Trump himself has made statements supporting the Bitcoin mining industry and its role in the United States.
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