Kansas Proposes Bitcoin Reserve Bill Allowing Investment in Bitcoin ETFs
Kansas aims to create a Bitcoin reserve, enabling investment in Bitcoin ETFs, which could enhance state asset diversification.
Kansas has introduced a bill proposing the establishment of a Bitcoin strategic reserve. According to Odaily, the legislation would permit up to 10% of state trust fund assets to be invested in Bitcoin ETFs. If enacted, Kansas would join other U.S. states in integrating Bitcoin into state-level asset allocation frameworks. The bill's progress is contingent upon further legislative
procedures.
