Texas Invests $10 Million in Bitcoin, First State to Allocate Funds to ETF

Texas has made history by becoming the first U.S. state to invest treasury funds directly into a regulated Bitcoin ETF. In November 2025, the state allocated $10 million to BlackRock’s iShares Bitcoin Trust (IBIT), marking a significant step in embracing digital assets at the governmental level. The move signals growing confidence in Bitcoin’s potential as an asset class and could inspire other states and institutions to follow suit.