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Houston Firefighters Pension Fund Becomes First US Pension Fund to Invest in Bitcoin, Ether

A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by bitcoin investment firm NYDIG. The Houston Firefighters’ Relief and Retirement Fund’s (HFRRF) purchase marks the first time a public pension plan in the U.S. has announced an investment in digital assets. "The Hash" group discusses whether similar investment strategy by other pension funds are likely to emerge.