Wu Blockchain (@WuBlockchain): Vaneck analyst Matthew Sigel said that 20 states in the United States are promoting bills related to Bitcoin reserves. If all are passed, it is expect…
Estimated coin impact
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- BTC+90Positive
Vaneck analyst Matthew Sigel said that 20 states in the United States are promoting bills related to Bitcoin reserves. If all are passed, it is expected to drive $23 billion of funds into the Bitcoin market, equivalent to about 247,000 BTC. The study covers the reserve funds, pension plans and other state-level investment mechanisms of each state. Some states have proposed to use state budget surpluses, stabilization funds and land funds for Bitcoin investment. x.com/matthew_sigel/…