Michigan Pension Fund First to Invest in Ethereum ETFs
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Nov 7, 2024
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Daily Top Performer — Ethereum (ETH)
The S&P 500 rose 2.53% after Trump’s election win, driven by optimism around pro-business policies like tax cuts and deregulation, boosting sectors such as financials, energy, and industrials. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 6.26%, with Bitcoin and Ether rising by 9.78% and 11.43%, respectively in the past 24 hours.
Today's top performer is ETH, which surged 9.0% after Michigan's pension fund making waves through significant ETF investments.