• 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

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Twenty One Capital Makes Strong Public Debut on NYSE

chest

Twenty One Capital has officially begun trading on the New York Stock Exchange, following its merger with Cantor Equity Partners.

user avatarEmily Carter

Bitwise Crypto Index Fund Lists on NYSE Arca

chest

Bitwise Asset Management's 10 Crypto Index Fund has transitioned to NYSE Arca, enhancing visibility and attracting institutional investors.

user avatarKaterina Papadopoulou

WisdomTree Launches Tokenized Fund for Options Income Strategy

chest

WisdomTree has launched a new tokenized fund designed to track the price and yield performance of the Volos US Large Cap Target 25 PutWrite Index.

user avatarTomas Novak

Ripple Secures $40 Billion Valuation Amid Legal Challenges

chest

Ripple has raised $500 million, achieving a valuation of $40 billion despite ongoing legal challenges with the SEC.

user avatarMaya Lundqvist

Binance Introduces an Engaging Daily Word Event.

chest

Binance is hosting a Word of the Day event from December 8 to December 14, 2025, encouraging users to guess crypto-related words for rewards.

user avatarTenzin Dorje

Intraday Strength Emerges as AVAX Recovers from Early Weakness

chest

AVAX shows signs of recovery after initial selling pressure, establishing higher lows and improved demand during intraday trading.

user avatarBayarjavkhlan Ganbaatar

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.