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:基金数据)
- ·北斗龙头股票
- ·易欧电脑客户端下载
- ·Coinbase 大规模漏洞背后的窃贼窃取加密货币并向链上侦探 ZachXBT 发起攻击
- ·10月31日国投瑞银信息消费混合A净值下跌0.56%,近1个月累计下跌3.35%
- ·机构买入股票-机构买入股票意味着什么
- ·10月31日国投瑞银港股通混合A净值下跌0.80%,近1个月累计下跌3.22%
- ·怎么结转生产成本
- ·10月31日中欧行业鑫选混合C净值下跌0.51%,近1个月累计下跌4.01%
- ·个人所得税中应补退税额是什么意思
- ·10月31日鹏扬竞争力先锋一年持有混合A净值增长1.30%,近3个月累计上涨13.2%
- ·比特币实行行情
- ·10月31日博时数字经济混合A净值增长0.04%,近3个月累计上涨17.76%
- ·比特币价格余额
- ·住房交契税是怎么回事?这是什么含义?
- ·资本公积是什么意思
- ·qt钱包命令大全
- ·探索欧意安卓下载与注册网址,尽享高品质生活
- ·10月31日中银证券优势制造股票A净值增长1.65%,近3个月累计上涨16.01%
- ·10月31日浦银安盛医疗健康混合A净值下跌0.54%,今年来累计下跌14.22%
- ·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日华泰紫金价值甄选混合C净值下跌0.64%,近1个月累计下跌5.0%
- ·10月31日中欧明睿新常态混合A净值下跌0.35%,近1个月累计下跌3.33%
- ·汉王科技:发布MOUNTAIN系列手写办公本 配备AI创作助手
- ·meme币苹果 meme币最新版下载官方app下载
- ·保险费可以分期缴纳吗?如何申请分期支付保险费用?
- ·10月31日南方专精特新混合A净值增长0.64%,近3个月累计上涨13.45%
- · OK交易所官网入口登录
- · okb交易所官网
- · ok币
- · 数字货币交易app
- · okx网页版
- · 十大虚拟货币交易平台app
- · 易欧app官网下载
- · okx官方
- · okx交易所app官网链接
- ·欧易交易所下载