Florida has taken a major step towards embracing cryptocurrencies by proposing a Strategic Bitcoin Reserve using up to 10% of its public funds, as outlined in House Bill 183. This bill empowers the CFO and the State Board of Administration to manage these investments, effectively opening the state’s financial strategy to digital assets. The potential impact on Bitcoin and related ETFs is significant, with Florida joining a growing list of states experimenting with integrating digital assets into their portfolio management systems. This move reflects broader trends in the adoption of digital asset management across US states, paving the way for increased market activity in cryptocurrencies. Analysts are closely watching the development as this potential shift towards Bitcoin could influence national digital asset policies and create a ripple effect across other sectors