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：财经专题)

• ·大米销售属于免税吗
• ·10月31日华安汇智精选两年持有期混合净值下跌0.30%，近1个月累计下跌3.36%
• ·云币行情怎么看-云币现在的价格是多少
• ·10月31日民生加银持续成长混合A净值增长1.89%，近6个月累计上涨25.11%
• ·香港27度穿什么衣服
• ·10月31日鹏华安庆混合C净值增长0.42%，近3个月累计上涨6.26%
• ·双定户需要申报个人经营所得吗
• ·10月31日南方中小盘成长股票A净值下跌0.16%，近1个月累计下跌6.35%
• ·有人知道360借条不还会怎么样吗？谁能告诉我一下？
• ·10月31日中欧启航三年混合A净值下跌0.87%，近1个月累计下跌4.63%
• ·彭博价格
• ·zcoin钱包安装-zec币钱包
• ·请问广发银行信用卡证件号码有效期怎么输入啊？
• ·核保保费是什么意思？通俗易懂解释下。
• ·vee币行情
• ·10月31日平安新兴产业混合(LOF)净值增长1.11%，近3个月累计上涨8.39%