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：商业)

• ·手把手带你体验 Coinbase AI 代理 Based Agent
• ·与 2024 年最后一个季度相比，XRP 的持有量是多少
• ·上海数字货币钱包-上海数字货币钱包怎么用
• ·比特币扩容会跌到多少
• ·动力币是什么
• ·比特币钱包iosapp下载
• ·在玖富万卡上做了一笔小额贷款贷款如何还款呢？
• ·比特币apk官网版v7.1.6下载2023-芝麻交易所比特币交易所最新版下载
• ·十一月日本什么天气-十一月日本什么天气啊
• ·比特币贪婪指数最高多少
• ·上海数字货币钱包-上海数字货币钱包怎么用
• ·广发信用卡境外消费可以提额吗？为什么会提额啊？
• ·XRP突破关键阻力位，未来价格或迈向2.6美元
• ·广东玛娃台风什么时候-广东台风玛娃今天
• ·人人贷提现有手续费吗？可以免手续费吗？
• ·新华汇富金融(00188.HK)进一步出售合共53.4万盈富基金单位