Florida considers incorporating Bitcoin into retirement funds to provide hedging for investment portfolios
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:风向标)
- ·比特币10年的价格
- ·全面了解欧意/OKX交易所,官网下载、安卓地址及交易体验分析
- ·当 MBTI 遇上区块链:你的性格能否助你赚大钱?
- ·探索欧义官网下载app及网页登录功能,提升您的数字体验
- ·usdt质押排名 MKR maker是什么?
- ·10月31日国联鑫起点混合A净值增长0.06%,今年来累计上涨8.05%
- ·区块链为什么这么火
- ·重大疾病险覆盖哪些疾病?有哪些病种在保障范围内?
- ·美国总统大选即将来临,有哪些炒作标的?
- ·如何在安卓舍备上下载并安装OKX欧意交易所APP
- ·80%交易量来自Rug资金:Base链活跃度新高背后,Uniswap流动性的骇人真相
- ·10月31日华安宏利混合C净值增长0.55%,近3个月累计上涨8.77%
- ·10月康定穿什么衣服-10月康定穿什么衣服照相好看
- ·10月31日国富成长动力混合净值增长0.04%,近3个月累计上涨14.07%
- ·ulord今日行情
- ·10月31日汇添富稳健增益一年持有混合A净值下跌0.10%,近1个月累计下跌0.33%
- ·和铂医药-B(02142.HK)10月31日耗资12万港元回购10万股
- ·10月31日东吴新能源汽车股票C净值下跌0.78%,近1个月累计上涨1.84%
- ·10月31日天弘创新领航A净值下跌0.29%,近1个月累计上涨2.48%
- ·10月31日广发沪港深新起点股票C净值下跌0.50%,近1个月累计下跌3.98%
- ·10月31日融通成长30灵活配置混合A净值下跌1.01%,近1个月累计下跌5.69%
- ·某鲸鱼近日在Polymarket豪掷160万美元,押注特朗普胜选及哈里斯败选
- ·10月31日摩根行业睿选股票A净值增长0.02%,今年来累计上涨16.62%
- ·20金桂02:下调票面利率490个基点至2.60%,回售登记期11月5日至11日
- ·10月31日华夏医疗健康混合A净值下跌0.65%,今年来累计下跌9.42%
- ·10月31日国投瑞银新能源混合A净值增长0.54%,近3个月累计上涨14.59%
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台有哪些
- · 十大虚拟货币交易平台app
- · 数字货币交易所
- · 虚拟货币交易平台排名
- · okx官方
- · 全球三大虚拟货币交易平台
- · 数字货币交易平台app
- · 虚拟货币交易
- · 数字货币交易app