Japan Pension Fund Considers Bitcoin Amid Market Surge

According to CNBC, Japan’s Government Pension Investment Fund (GPIF), the world's largest pension fund, is considering investments in "illiquidity assets" like bitcoin. 

The fund is seeking basic information on assets beyond its current portfolio, including forests, farmland, gold, and cryptocurrencies. However, there is no confirmation that GPIF will invest in bitcoin. This move follows a surge in bitcoin's value, driven partly by the introduction of bitcoin exchange-traded funds in the U.S. Despite the interest, pension funds remain cautious due to cryptocurrency volatility. Some, like South Korea’s National Pension Service, have begun exploring cryptocurrency investments, while Japan is considering legislation to permit digital asset holdings by investment funds.