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.