Financial Insights That Matter
According to ChainCatcher news and analysis by Vaneck analyst Matthew Sigel, 20 states in the U.S. are advancing legislation related to Bitcoin reserves. If all are passed, it is expected to drive $23 billion in funds into the Bitcoin market, equivalent to approximately 247,000 BTC.
The study covers reserve funds, pension plans, and other state-level investment mechanisms across various states, with some states proposing to use state budget surpluses, stabilization funds, and land funds for Bitcoin investments.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click “Report”, and we will handle it promptly.
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