A mayor from Jersey City said that he wants to invest some money from the city's pension fund into a special kind of investment called a Bitcoin ETF. This would be only the second pension fund in the United States to do this, after Wisconsin. He thinks that Bitcoin and the technology behind it, called blockchain, are very important and could help make more money for the pension fund. Read from source...

- Mayor Fulop's statement: "I've been a long time believer (through ups/downs) in crypto but Broadly, beyond crypto I do believe blockchain is amongst the most important new technology innovations since the internet."" is an irrational argument that mixes two different things: crypto and blockchain. Crypto is a type of asset, blockchain is a technology.
- The article also mentions the allocation percentage, the exact ETFs to be invested in, or the investment timeline, which could be seen as insider information.

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Article's Theme: Jersey City pension fund to invest in Bitcoin ETFs