On August 10, with the total market value of Ethereum exceeding 500 billion US dollars, it has initially reached the threshold of public capital investment in some US states:
New Hampshire passed the Strategic Bitcoin Reserve Act on May 7, which stipulates that the treasurer can invest up to 5% of public funds from general funds and other authorized funds in these assets, of which the crypto assets must be projects with a market value of more than $500 billion.
The Governor of Texas signed the Bitcoin Reserve Act, SB 21, into law on June 22. A state-managed fund will be created and will only invest in cryptocurrencies that have an average market cap of at least $500 billion over the past 12 months and are eligible for state budget grants.
The Oklahoma House of Representatives voted on March 25 to pass the Strategic Bitcoin Reserve Act (not yet formally passed into law). The bill would allow the state to invest 10% of public funds in bitcoin or any digital asset with a market cap of more than $500 billion.
Ethereum's market value stands at $500 billion, initially reaching the investment threshold in some US states
2025-08-10 02:54:03
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