Indiana Bill Proposes Bitcoin ETF Investment for Retirement Funds
- Indiana Representative Jake Teshka introduced House Bill 1322 to allow state retirement funds to invest in Bitcoin ETFs.
- The bill requires the Department of Administration to evaluate blockchain technology by March 2026.
- Findings must be submitted to the legislative council by October 2026.
- Bitcoin has achieved a 109% annual compounded return over the past 13 years.
- The State of Wisconsin Investment Board holds a $155 million stake in BlackRock’s Bitcoin ETF.
If passed, Indiana’s bill would enable public retirement funds to invest in Bitcoin ETFs, reflecting a broader trend toward crypto investments among pension schemes.
Source (2.6)https://coingape.com/us-state-of-indiana-seeks-bitcoin-etf-exposure-for-retirement-funds/?rand=24432
