Wisconsin

Wisconsin Pension Fund Sold $300M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows – Decrypt

Published

10 months ago

May 16, 2025

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Wisconsin Pension Fund Sold 0M BlackRock Bitcoin ETF Stake Amid Tariff Turmoil, New Filing Shows – Decrypt

In brief

According to an SEC filing, Wisconsin sold its entire $300M stake in BlackRock’s Bitcoin ETF in early 2025.
The sale came amid rising U.S.-China trade tensions and sweeping tariffs from the Trump administration.
Crypto markets tumbled, with Bitcoin falling below $75,000 and Ethereum dropping to two-year lows as trade fears grew.

The State of Wisconsin Investment Board quietly liquidated its entire $300 million stake in BlackRock’s iShares Bitcoin Trust (IBIT) sometime during the first quarter of 2025, according to a new 13F filing with the U.S. Securities and Exchange Commission on Thursday.

The sale occurred against the backdrop of growing market uncertainty triggered by a wave of U.S. tariffs that rattled global trade and risk assets.

Notably, the filing’s cutoff date—March 31—came just two days before the so-called ‘Liberation Day’ on April 2, 2025—a reference to the day the U.S. imposed comprehensive tariffs affecting nearly all its major trading partners.

The SEC filing, dated May 15, confirms SWIB sold its Bitcoin ETF holdings ahead of the March 31 reporting date for the end of the first quarter of the year.

According to the board’s previous filing, dated February 14, the fund held 6,060,351 IBIT shares, worth approximately $321,501,621.

Shifting market optics

The broader economic landscape also shifted dramatically following President Donald Trump’s inauguration, which began an aggressive new trade policy that seeks to reshore manufacturing on U.S. soil and spur domestic growth.

The administration announced 25% tariffs on goods from Canada and Mexico and a 10% tariff on Chinese imports on February 1. Two days later, the Canada and Mexico tariffs were paused for 30 days, though the 10% tariff on China took effect on February 4.

By February 11, President Trump reinstated a 25% tariff on steel imports and raised the tariff on aluminum to 25%. Trade pressure ramped up on March 4, when the U.S. increased tariffs on China to 20%.

The tit-for-tat policy spiral of tariffs led to significant market instability, with Goldman Sachs analysts warning the new tariffs could push core inflation to 3.8% this year.

The crypto markets were not left unscathed, where Bitcoin fell 2.3% to around $83,200, while Ethereum dropped 4.5%.

Amid a retaliatory spiral, U.S. tariffs on Chinese goods surged to 145%, while China raised tariffs on U.S. products to 125%, sending Bitcoin below $75,000.

Tensions began to ease in May when the U.S. and China temporarily reduced tariffs.

The U.S. lowered its rate on Chinese goods to 30%, while China reduced its tariff on U.S. imports to 10%.

As of mid-May, President Trump has also paused most reciprocal tariffs on other countries.

Edited by Sebastian Sinclair

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Wisconsin

Carrington scores 18 points to lead Wisconsin’s 78-45 throttling of Maryland

Published

5 hours ago

March 5, 2026

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MADISON (AP) — Reserve Braeden Carrington scored 18 points, John Blackwell scored 14 points and Wisconsin poured it on in the second half to dismantle Maryland 78-45 on Wednesday night.

Nick Boyd scored 13 points and reserve Austin Rapp scored 11 points for Wisconsin (21-9, 13-6 Big Ten), which had 11 players enter the scoring column.

The Badgers’ Andrew Rohde passed out six of Wisconsin’s 15 assists and didn’t commit a turnover. Wisconsin turned it over only three times.

Andre Mills scored 14 points and Elijah Saunders scored 11 points for Maryland.

Wisconsin turned an already commanding 34-21 first-half stranglehold into a 21-point lead 5 1/2 minutes into the second half. The Badgers shot 48% (27 of 56) and made 42% (13 of 31) from 3-point range. The Badgers scored 44 second-half points.

It was the fewest point Maryland (11-19, 4-15) has ever posted against Wisconsin in the shot-clock era. It was also Maryland’s lowest point total of the season.

Wisconsin has won five of its last seven. Maryland has lost five of its last six.

Up next

Maryland wraps up the regular season hosting 11th-ranked Illinois on Saturday.

Wisconsin ends the regular season at No. 15 Purdue on Saturday.

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Wisconsin

Flood Safety Week runs March 9-13 as Wisconsin braces for a spring swell

Published

17 hours ago

March 4, 2026

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Flood Safety Week runs March 9-13 as Wisconsin braces for a spring swell

(WLUK) — As winter thaws, Wisconsinites are encouraged to think about preparing for potential flooding.

Gov. Evers has declared March 9 -13 as Flood Safety Week in Wisconsin.

During Flood Safety Awareness Week, ReadyWisconsin is asking everyone to review their flooding risk and take proactive steps to protect their families, homes, and businesses before waters rise.

Know your flood risk. Assess the potential for flooding on your property if you live in a flood plain, near a body of water, or have a basement. Plan with your family for what you will do if the floodwaters begin to rise.
Consider flood insurance. Most homeowner, rental, and business insurance policies generally do not cover flooding. Don’t wait until it’s too late. Most flood coverage requires 30 days to take effect. Find more information about flood insurance options here.
Move valuables or mementos out of the basement and store them in waterproof containers.
Elevate or flood-proof your washer, dryer, water heater, and HVAC systems. Relocate electrical outlets to three feet above the floor.
Have copies of important documents (personal identification like passports and birth certificates, medical records, insurance policies, and financial documents) in a waterproof container.
Build a “Go Kit.” Include items such as food, water, cash, and medications.
Make an emergency plan. If you can’t make it home or need to leave quickly, identify a meeting place for your family. Make a list of emergency numbers and important contacts.
Keep water out of and away from your house. Clean gutters regularly, direct downspouts away from your foundation, repair cracks in your foundation, improve grading so water flows away from your house, and cover window wells.

When flooding occurs, keep the following steps in mind:

Stay up to date on the forecast. Identify multiple ways to receive alerts about dangerous weather conditions and potential flooding, such as a NOAA Weather Radio, trusted local news outlets, and mobile weather apps. Enable Wireless Emergency Alerts on your smartphones.
Never drive or walk through flooded areas. Just six inches of fast-moving water can sweep adults off their feet, while just 12 inches can carry away a small car or 24 inches for larger vehicles. Moving water is not the only danger, your vehicle could potentially stall when driving through floodwater.

BE THE FIRST TO COMMENT

Flooding could potentially impact your health as well. Avoid entering floodwaters, which can contain bacteria from human and animal waste, sharp objects, hazardous chemicals, downed power lines, and other dangerous items. If your home floods, follow cleaning and disinfection guidelines to avoid mold growth.

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Wisconsin

Wisconsin Lottery Mega Millions, Pick 3 results for March 3, 2026

Published

1 day ago

March 4, 2026

Press Room

Wisconsin Lottery Mega Millions, Pick 3 results for March 3, 2026

The Wisconsin Lottery offers multiple draw games for those aiming to win big.

Here’s a look at March 3, 2026, results for each game:

Winning Mega Millions numbers from March 3 drawing

07-21-53-54-62, Mega Ball: 16

Check Mega Millions payouts and previous drawings here.

Winning Pick 3 numbers from March 3 drawing

Midday: 1-2-1

Evening: 8-2-7

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from March 3 drawing

Midday: 6-2-9-4

Evening: 2-0-1-6

Check Pick 4 payouts and previous drawings here.

Winning All or Nothing numbers from March 3 drawing

Midday: 02-03-06-07-08-09-10-12-15-20-22

Evening: 03-05-06-08-12-13-14-16-17-18-20

Check All or Nothing payouts and previous drawings here.

Winning Badger 5 numbers from March 3 drawing

03-15-17-24-30

Check Badger 5 payouts and previous drawings here.

Winning SuperCash numbers from March 3 drawing

16-17-27-29-34-35, Doubler: N

Check SuperCash payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

Are you a winner? Here’s how to claim your lottery prize

Prizes up to $599: Can be claimed at any Wisconsin Lottery retailer.
Prizes from $600 to $199,999: Can be claimed in person at a Lottery Office. By mail, send the signed ticket and a completed claim form available on the Wisconsin Lottery claim page to: Prizes, PO Box 777 Madison, WI 53774.
Prizes of $200,000 or more: Must be claimed in person at the Madison Lottery office. Call the Lottery office prior to your visit: 608-261-4916.

Can Wisconsin lottery winners remain anonymous?

No, according to the Wisconsin Lottery. Due to the state’s open records laws, the lottery must, upon request, release the name and city of the winner. Other information about the winner is released only with the winner’s consent.

When are the Wisconsin Lottery drawings held?

Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
Mega Millions: 10:00 p.m. CT on Tuesday and Friday.
Super Cash: 9:00 p.m. CT daily.
Pick 3 (Day): 1:30 p.m. CT daily.
Pick 3 (Evening): 9:00 p.m. CT daily.
Pick 4 (Day): 1:30 p.m. CT daily.
Pick 4 (Evening): 9:00 p.m. CT daily.
All or Nothing (Day): 1:30 p.m. CT daily.
All or Nothing (Evening): 9 p.m. CT daily.
Megabucks: 9:00 p.m. CT on Wednesday and Saturday.
Badger 5: 9:00 p.m. CT daily.

That lucky feeling: Peek at the past week’s winning numbers.

Feeling lucky? WI man wins $768 million Powerball jackpot **

WI Lottery history: Top 10 Powerball and Mega Million jackpots

This results page was generated automatically using information from TinBu and a template written and reviewed by a Wisconsin editor. You can send feedback using this form.

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