Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Florida Plans 10% Crypto Investment with Bitcoin Reserve Bill

Florida Plans 10% Crypto Investment with Bitcoin Reserve Bill

CoinomediaCoinomedia2025/10/17 06:45
By:Ava NakamuraAva Nakamura

Florida proposes a bill to invest up to 10% of state funds and pensions in Bitcoin and crypto ETFs.Public Funds Could Get a Crypto BoostPolitical and Economic Implications

  • Florida files a Strategic Bitcoin Reserve bill for 2026
  • Up to 10% of state funds may go into Bitcoin and crypto ETFs
  • The bill includes public pension systems in the investment plan

In a bold move toward crypto adoption , Florida has filed a Strategic Bitcoin Reserve bill for the 2026 legislative session. If passed, the bill would allow the state to allocate up to 10% of its financial reserves, including retirement and pension funds, into Bitcoin and crypto-based exchange-traded funds (ETFs).

This step positions Florida as a potential leader among U.S. states in embracing digital assets within public finance. It reflects growing confidence in the long-term value of Bitcoin and aims to diversify the state’s financial portfolio amid inflation and changing economic conditions.

Public Funds Could Get a Crypto Boost

The bill proposes that the state treasury and retirement systems—which manage billions in assets—could use a portion of these funds to invest in Bitcoin directly or through regulated ETFs. These ETFs are traded on traditional stock markets and offer a secure way for institutional investors to gain exposure to cryptocurrency without the complexities of custody or private wallets.

If implemented, this policy could significantly boost institutional demand for Bitcoin, potentially influencing other states to follow suit. It may also serve to stabilize returns for pensioners by introducing an asset class known for its performance during monetary uncertainty.

🇺🇸 NEW: Florida files Strategic Bitcoin Reserve bill for the 2026 legislative session, allowing up to 10% of state funds and retirement systems to invest in Bitcoin and crypto ETFs. pic.twitter.com/DWWFMVGCYk

— Cointelegraph (@Cointelegraph) October 17, 2025

Political and Economic Implications

This proposal comes amid increasing political discussion around cryptocurrency at the state and federal levels. Florida, already known for its crypto-friendly stance under Governor Ron DeSantis, appears to be doubling down on its pro-Bitcoin position.

By making Bitcoin part of its strategic reserve, Florida sends a clear message: cryptocurrency is no longer just a speculative tool—it’s a serious asset class worthy of inclusion in public finance.

While the bill must still pass through several legislative hurdles, its introduction is a significant step forward in U.S. state-level crypto adoption.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

After the US October CPI exceeded expectations, Goldman Sachs and Nomura added a forecast for an interest rate hike in March next year, while Deutsche Bank included a forecast for a rate hike in January next year. Currently, the market has fully priced in a 25 basis point rate hike in December, with a 13% probability for a 50 basis point hike. On Wednesday, the US Treasury spot market was closed, but Treasury futures continued to fall, with corresponding yields rising by about 2 to 4 basis points, and spot gold came under pressure, dropping by 1.1%.

华尔街见闻•2026/11/11 21:18
Wall Street giants collectively raise rate hike forecasts, US Treasury futures continue to fall, gold drops over 1% to break 4000

No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

It takes an average of 4.8 years from finalizing investment to starting construction of a data center project, and an additional 2.6 years from construction start to becoming operational. Servers usually cannot be installed until after the building structure and racks are completed. For trade partners such as Taiwan (China), South Korea, and Mexico who rely on US data center supply chain demand, the inertia in construction timelines provides at least a one- to two-year buffer for future exports.

华尔街见闻•2026/11/11 21:18
No Need to Worry About the Cooling Down of AI Data Center Construction? The US Import Boom Is Unlikely to Subside in the Short Term, Real Impact May Come in 2029

Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?

The main point of contention is whether Williams should step down in June 2028, upon completing a full 10-year term, or in June 2027, when he reaches the mandatory retirement age of 65. Analysts point out that the Federal Reserve Board holds ultimate discretion; if he leaves early, Fed Chair Waller would be able to assert greater control over the appointment to this critical position. However, forcing Williams to shorten his term could easily be interpreted as political manipulation. Williams himself is expected to serve until June 2028.

华尔街见闻•2026/11/11 21:18
Federal Reserve Major Debate: When Should the Tenure of “Number Three” Williams End?