PANews reported on January 16 that according to the Financial Times, pension funds are trying to buy Bitcoin. Pension funds in Wisconsin and Michigan have become one of the largest holders of US stock market funds focused on cryptocurrencies, while some pension fund managers in the UK and Australia have also made small allocations to Bitcoin through funds or derivatives in recent months. As of the end of September, the Wisconsin Investment Committee became the 12th largest holder of BlackRock's Bitcoin ETF, with shares worth approximately $155 million. Michigan is the sixth largest holder of the Grayscale Ethereum ETF, with holdings worth $12.9 million, and is also the 11th largest holder of the ARK 21Shares Bitcoin ETF.

Since the US election day, British pension fund advisory firm Mercer has received a large number of inquiries, and trustees do not want to be ignorant of hot asset classes. Most pension funds have turned to regulated US spot Bitcoin or Ethereum ETFs approved last year. In the UK, pension advisory firm Cartwright has facilitated the first Bitcoin transaction, with an undisclosed small pension plan directly investing about 1.5 million pounds in Bitcoin, hoping to fill the funding gap through excess returns. At the same time, more than 50 individual savers want to transfer their pensions in full to cryptocurrencies. Cartwright is exploring the possibility of setting up a Bitcoin fund with two multi-employer pension funds.

Australia's AMP Superannuation Fund Management Company also uses Bitcoin to improve returns. AMP senior portfolio manager Steve Flegg said that although cryptocurrencies are high-risk and new, their size and potential cannot be ignored, so AMP's portfolio has made a moderate allocation to Bitcoin futures. However, funds that allocate Bitcoin and other cryptocurrencies are still a minority in the pension industry, and most advisors are reluctant to advise clients to get involved in cryptocurrencies.