North Carolina’s lawmakers are considering legislation permitting public investment in Bitcoin ETFs, introduced by Rep. Deborah Ross. The bill calls for allocating up to 10% of retirement funds, which could exceed 10 billion USD, into Bitcoin ETPs.

This move follows a national trend, with nine other states exploring similar investments influenced by rising Bitcoin prices post-Election Day. Although the bill doesn’t name Bitcoin directly, it highlights criteria for digital assets with significant market capitalization.