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.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, has suggested that a balanced investment portfolio should include up to 15% allocation to gold or Bitcoin, though he remains personally more inclined toward the traditional asset.
With Bitcoin hovering near $119,000, traders are weighing their next move carefully. The question dominating the market now is simple: Buy the dip or wait for a cleaner setup?
Bitcoin has officially reached the $116,000 milestone, a level previously forecasted by crypto services firm Matrixport using its proprietary seasonal modeling.
Bitcoin’s market signal has officially shifted back into a low-risk phase, according to a new chart shared by Bitcoin Vector in collaboration with Glassnode and Swissblock.