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：时讯)

• ·5月穿什么衣服 北京-5月北京穿什么衣服合适
• ·健康医疗保险有哪些种类？应该怎么选？
• ·LBank 携手 13Desk 呈现曼谷「Sunset Soiree」 – Devcon 2024 独家边会
• ·10月31日易方达港股通成长混合A净值下跌1.11%，今年来累计下跌6.91%
• ·小赢卡贷一般会打公司电话吗？
• ·10月31日国投瑞银瑞祥C净值下跌0.06%，近1个月累计上涨0.37%
• ·Bitwise 投資長：加密市場無論誰勝選都會走高，選後 ETH 和山寨幣更易受監管影響
• ·π币上市大概多少钱-讨论π币上市时的预期价格
• ·数字货币交易平台排行榜_虚拟币交易平台ap
• ·10月31日中欧丰泓沪港深混合C净值下跌0.64%，近1个月累计下跌5.48%
• ·rafe价格
• ·10月31日摩根核心成长股票A净值增长0.07%，近3个月累计上涨18.45%
• ·货物运输电子货票收款凭证能报销吗
• ·利群一盒多少钱-利群一盒多少钱?
• ·snt是什么币
• ·北京控股环境集团(00154.HK)拟委任德勤为公司新任核数师