North Carolina considers bill to invest public funds in Bitcoin ETFs

North Carolina’s lawmakers are considering legislation permitting public investment in Bitcoin ETFs, introduced by Rep. Deborah Ross. The bill calls for allocating up to 10% of retirement funds, which could exceed 10 billion USD, into Bitcoin ETPs.

This move follows a national trend, with nine other states exploring similar investments influenced by rising Bitcoin prices post-Election Day. Although the bill doesn’t name Bitcoin directly, it highlights criteria for digital assets with significant market capitalization.

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