With Ethereum's total market capitalization surpassing $500 billion, it has reached the investment threshold for public funds in some states in the U.S. New Hampshire has passed a bill allowing up to 5% of public funds to be invested in Crypto Assets with a market capitalization over $500 billion. Texas has signed the Bitcoin Reserve Act SB 21, creating a fund managed by the state government to invest in cryptocurrencies with an average market capitalization of at least $500 billion over the past 12 months. The Oklahoma House of Representatives has passed a bill allowing 10% of public funds to be invested in Bitcoin or digital assets with a market capitalization exceeding $500 billion.
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With Ethereum's total market capitalization surpassing $500 billion, it has reached the investment threshold for public funds in some states in the U.S. New Hampshire has passed a bill allowing up to 5% of public funds to be invested in Crypto Assets with a market capitalization over $500 billion. Texas has signed the Bitcoin Reserve Act SB 21, creating a fund managed by the state government to invest in cryptocurrencies with an average market capitalization of at least $500 billion over the past 12 months. The Oklahoma House of Representatives has passed a bill allowing 10% of public funds to be invested in Bitcoin or digital assets with a market capitalization exceeding $500 billion.