Pension Funds Are Adding Bitcoin to Diversify Investment, Grayscale CEO Says

Grayscale CEO Michael Sonnenshein said during a CNBC interview on June 10 that pension funds are considering Bitcoin as an asset class for diversifying their portfolio.

Last month, Fidelity Investments, the biggest pension plans provider in the US, said those participating in its 401(k) plan can now put 20% of their retirement funds in Bitcoin.