Bitcoin Boom: New laws, ETFs, and state-level crypto investments to watch in 2025
India TodayBitcoins are, thanks to the return of Donald Trump. A new US Government Accountability Office study on 401 plan crypto investment, issued recently, warned that it has "uniquely high volatility" and found no standard approach for projecting the future returns of crypto. Issue with Public Pension Funds However, public pension funds remain cautious due to crypto’s volatility and short track record. Keith Brainard, research director for the National Association of State Retirement Administrators, said he doesn’t expect many public pension fund investment professionals, who oversee nearly $6 trillion in assets, to invest in crypto. AP reports that Michigan's investment board later reported about $18 million in bitcoin ETF purchases, while Steven Fulop, a candidate for New Jersey governor, said that if elected, he would push the state's pension fund to invest in crypto.