Arizona Senate To Add Bitcoin ETFs to Retirement Portfolio Th | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News
Arizona Senate To Add Bitcoin ETFs to Retirement Portfolio
The Arizona State Senate has approved a resolution to explore the inclusion of Bitcoin ETFs in the Arizona State Pension. This resolution will prompt state pension fund managers and treasuries to assess the potential of incorporating Bitcoin ETFs. With state pension funds in the USA collectively managing over $5.5 trillion in assets, a significant portion of which are dealing with funding deficits, this action is perceived as a strategic move to bolster portfolio diversification and mitigate investment risks.