According to my concept in US public pension funds . focus on cryptocurrency investment . The first investment of pension funds in virtual currency investment space. Currently   there is no disclosure of the investment terms apart from equity investments in crypto based companies the fund will retain a portion of the value as cryptocurrency like Bitcoins there is a belief in the world institutional that if the industry will be around  for a long time, it will be very valuable the smart money is not distracted by price but looks at the long term trends and believes they are a great way to deliver risk reduced returns .