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U.S. State Considers Investing Public Funds in Bitcoin and Crypto ETFs
The initiative follows the recent approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), which opened the door for traditional institutions to invest securely in digital assets. Supporters of the proposal argue that Bitcoin has proven itself as a store of value and hedge against inflation, while ETFs make it easier for governments and retirement systems to invest without directly holding crypto.
Critics, however, warn that Bitcoin’s volatility could endanger taxpayer money and retirement savings. They insist that the state should focus on more stable, traditional assets until the crypto market matures further.
If approved, Wisconsin would become one of the first U.S. states to officially include Bitcoin ETFs in its public investment strategy — a step that could encourage other states to follow.
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