Florida Proposes Investing in Bitcoin and Crypto ETFs for Public Funds

Florida lawmakers are proposing a landmark bill that would allow the state to invest a portion of its public funds, including those from retirement systems, into Bitcoin and related exchange-traded funds (ETFs). The bill, introduced as House Bill 183, would allocate up to 10% of specific public funds to these assets. This move aligns with Florida’s commitment to digital asset integration in government finance.