By Suzanne McGee
May 15 (Reuters) - The State of Wisconsin Investment Board eliminated its entire stake in the iShares Bitcoin Trust ETF IBIT.O during the course of the first quarter of 2025, according to a quarterly filing with the U.S. Securities & Exchange Commission.
The state pension fund was one of the first institutional investors to add the just-launched spot bitcoin ETFs to its portfolio in the first quarter of 2024.
As of the end of last year, it had a stake in the iShares ETF of $321.5 million, according to fourth-quarter 13-F filings.
Officials at the pension fund could not immediately be reached for comment.
(Reporting by Suzanne McGee; Editing by Leslie Adler)
((Suzanne.McGee@thomsonreuters.com; 917-285-4385;))
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