• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Kansas May Begin Investing Pension Funds in Bitcoin

user avatar

by Giorgi Kostiuk

2 years ago

Kansas is considering investing up to 10% of pension funds in Bitcoin ETFs through a proposal by Senator Craig Bowser.

Senator Bowser’s Proposal

Senator Craig Bowser introduced Senate Bill 34, which allows the Kansas Public Employees Retirement System to invest part of the retirement fund in Bitcoin ETFs. The bill proposes the establishment of a board of trustees to manage these investments.

Annual Review and Program Sustainability

The program includes the potential to increase the percentage of Bitcoin ETFs beyond 10%, keeping beneficiaries' interests in mind. An annual review of the investments will be conducted to assess sustainability and potential growth.

Legislative Steps Ahead

The bill, introduced on January 16, is with the Committee on Financial Institutions and Insurance. To become law, it has to pass several stages in both the Kansas Senate and House before being signed or rejected by the governor.

If the proposed bill is passed, it would be a significant step for Kansas and could set a precedent for other US states.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Xora Finance Integrates Native Stellar Settlement on XRP Ledger

chest

Xora Finance has integrated native Stellar settlement on the XRP Ledger, enhancing interoperability between the XLM and XRPL ecosystems.

user avatarLucas Weissmann

TRON's Daily Transactions Rise Significantly

chest

The latest report from Messari indicates that average daily transactions on the TRON network have risen significantly from 87 million to 118 million in the second quarter of 2026.

user avatarFilippo Romano

TRON Dominates USDT Transfers in Q2 2026

chest

TRON processed 21 trillion in USDT transfers in Q2 2026, surpassing Ethereum in circulating USDT supply.

user avatarEmily Carter

Grayscale Withdraws Registration for Cardano, Hedera, and Polkadot ETFs

chest

Grayscale has voluntarily withdrawn its registration statements for its Cardano, Hedera, and Polkadot Trust products, pausing its ambitions for altcoin ETFs.

user avatarTomas Novak

Coinbase Emphasizes Editorial Standards in New Report

chest

Coinbase has published a report that emphasizes its strict editorial policy focusing on accuracy, relevance, and impartiality.

user avatarKaterina Papadopoulou

New Report Released by SEC

chest

A report has been released based on information provided by the SEC, aimed at informing the public about relevant data and increasing transparency regarding its activities.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.