- Florida files a Strategic Bitcoin Reserve bill for 2026
- Up to 10% of state funds may go into Bitcoin and crypto ETFs
- The bill includes public pension systems in the investment plan
In a bold move toward crypto adoption , Florida has filed a Strategic Bitcoin Reserve bill for the 2026 legislative session. If passed, the bill would allow the state to allocate up to 10% of its financial reserves, including retirement and pension funds, into Bitcoin and crypto-based exchange-traded funds (ETFs).
This step positions Florida as a potential leader among U.S. states in embracing digital assets within public finance. It reflects growing confidence in the long-term value of Bitcoin and aims to diversify the state’s financial portfolio amid inflation and changing economic conditions.
Public Funds Could Get a Crypto Boost
The bill proposes that the state treasury and retirement systems—which manage billions in assets—could use a portion of these funds to invest in Bitcoin directly or through regulated ETFs. These ETFs are traded on traditional stock markets and offer a secure way for institutional investors to gain exposure to cryptocurrency without the complexities of custody or private wallets.
If implemented, this policy could significantly boost institutional demand for Bitcoin, potentially influencing other states to follow suit. It may also serve to stabilize returns for pensioners by introducing an asset class known for its performance during monetary uncertainty.
Political and Economic Implications
This proposal comes amid increasing political discussion around cryptocurrency at the state and federal levels. Florida, already known for its crypto-friendly stance under Governor Ron DeSantis, appears to be doubling down on its pro-Bitcoin position.
By making Bitcoin part of its strategic reserve, Florida sends a clear message: cryptocurrency is no longer just a speculative tool—it’s a serious asset class worthy of inclusion in public finance.
While the bill must still pass through several legislative hurdles, its introduction is a significant step forward in U.S. state-level crypto adoption.
