The Houston Firefighters’ Retirement Fund in Texas announced in 2021 that it had purchased $25 million worth of BTC and ETH through the asset management company NYDIG. The retirement system of Fairfax, a city in Virginia, also began investing in cryptocurrencies in 2019, including a $50 million investment in the Morgan Creek Capital blockchain fund.
Arizona Proposal: Considering including Bitcoin Spot ETF in Retirement Fund Investment Portfolio