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BCH $251.61 -2.40%
LINK $11.76 -1.72%
HYPE $84.67 -2.51%
AAVE $130.31 -2.15%
SUI $0.7860 +1.82%
XLM $0.1832 -0.69%
ZEC $1,011.55 +1.70%

VanEck Analyst: The current Bitcoin reserve bills in 20 states will bring in $23 billion in incremental funding

2025-02-12 21:39:36

ChainCatcher news, VanEck's Head of Digital Asset Research Matthew Sigel posted on social media that the institution analyzed Bitcoin reserve bills released by 20 states. If enacted, they could drive $23 billion in funds to enter the market for purchases, which is independent of any pension fund allocations. If legislators move forward, there may be even more funds entering.

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