Florida State Treasurer Jimmy Patronis recently suggested that the state government consider including Bitcoin in the investment portfolio of the state retirement fund, in order to provide a hedge against market volatility for the investment portfolio.

Jimmy Patronis wrote to Chris Spencer, Executive Director of the Florida Board of Governors (SBA), on October 29th, proposing to evaluate the feasibility, risks, and potential benefits of investing some state retirement system funds in digital asset classes, and to complete the report before the next legislative session on March 4, 2025. He said:

Bitcoin is known as the 'digital gold', which can help diversify state investment portfolios and provide a stable hedge against volatility in other major asset classes

Currently, the total assets managed by Florida SBA exceed $205 billion, covering over 30 funds including the Florida Retirement System Trust Fund. Patronis suggests that SBA may consider establishing a "Digital Currency Investment Pilot Program" within the Florida Growth Fund, utilizing up to 1.5% of the fund's funds for high growth investments. According to the January report, the growth fund has invested $998 million in high growth projects between 2022 and 2023.

When managing state pensions for firefighters, teachers, and police officers, priority should be given to the best investment return. The potential of investing in cryptocurrencies such as Bitcoin is particularly attractive in this context

He also pointed out that this measure is consistent with Florida Governor Ron DeSantis' recent opposition to central bank digital currencies (CBDCs), believing that cryptocurrency is the "opposite" of central currency and more in line with the state government's investment philosophy.

If Florida adopts this proposal, it will join the ranks of states such as Wisconsin and Michigan that have already included cryptocurrency in their retirement fund investments. In May of this year, the Wisconsin Investment Board (SWIB) disclosed that the state had invested $164 million in Grayscale and BlackRock's Bitcoin spot ETF, accounting for 0.1% of its total assets. A few months later, the Michigan Retirement System also announced its Bitcoin investment, holding 110000 shares of the ARK 21Shares ETF, which represents approximately 0.003% of its assets.

(责任编辑：基金数据)

• ·手机贷现金分期打电话回访吗？打联系人电话吗？
• ·分析师预测未来五年企业将向比特币投入3300亿美元
• ·vpal行情
• ·关于这笔意外保险，如何申请赔偿呢？
• ·比特国际CKB币行情-比特国际ckb币行情走势
• ·18bch是多少
• ·51人品贷第四次申请可以申请么？我在51人品贷借了3次款了。
• ·广联达收盘跌4.63%，主力资金净流出7373.12万元
• ·南京公积金查询个人账户
• ·oex如何充值
• ·m数字交易平台 - M是什么交易平台
• ·公积金贷款网站-公积金贷款网站查询
• ·小规模企业收到生育津贴如何做账
• ·模拟合约平台
• ·工资是其他银行代发的可以申请中信信金宝吗？我的工资是建行代发的。
• ·币宝币交易平台