Jersey City pension fund amends regulatory documents to include Bitcoin ETF exposure
The move follows a similar decision by the Wisconsin Pension Fund, which allocated 2% of its $156 billion in assets to Bitcoin ETFs in the second quarter.
The strong outflows from spot Ethereum ETFs also contributed to the downward market pressure.
Crypto advocates push for bipartisan approach as November election looms.
Tyler Winklevoss said the discussion is a "must-watch" and highlights "just how terrible the Biden-Harris Administration has been to the crypto industry."
The news comes amid rumors that Trump, who is also slated to speak at the conference, had plans to endorse Bitcoin as a strategic reserve asset.
Conference organizer suggests Harris must address Ross Ulbricht's sentence before engaging Bitcoin community.
Market observers said the three may find common ground with their recent interest in crypto.