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Indiana Moves to Allow Bitcoin in Pension Funds as States Eye Crypto Reserves

30.01.2025 15:30 1 min. read Alexander Zdravkov
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Indiana Moves to Allow Bitcoin in Pension Funds as States Eye Crypto Reserves

Indiana is taking steps toward integrating Bitcoin into state-managed retirement funds with a new legislative proposal.

House Bill 1322, introduced by Representative Jake Teshka, would permit public pension funds to allocate investments into Bitcoin ETFs.

The bill also pushes for an exploration of blockchain technology’s potential in improving government operations, from cost efficiency to data security.

Teshka, alongside Representatives Shane Lindauer and Cory Criswell, is backing the initiative as part of a broader push to modernize investment strategies.

If passed, the bill would allow funds to invest in both spot Bitcoin ETFs, which hold BTC directly, and futures-based ETFs that track price movements via derivatives.

The move reflects shifting attitudes toward alternative investments, particularly among younger generations, who are increasingly open to cryptocurrency as part of retirement planning.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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