Houston Firefighters Relief and Retirement Fund bought Bitcoin (BTC) and Ethereum (ETH) for $25 million.
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The Houston Firefighters’ Relief and Pension Fund, which has $5.5 billion in assets under its management, announced that it has purchased Bitcoin and Ethereum through NYDIG, a subsidiary of Stone Ridge.
Investing in crypto assets continues to become popular among pension funds as well.
This investment of the fund comes after the rally of Bitcoin and Ethereum.
