Texas Buys $5M in BTC ETF as States Edge Toward First Government Crypto Reserves

Texas has made a significant move by purchasing $5 million worth of Bitcoin Exchange-Traded Funds (ETFs), marking a crucial step for states as they approach the establishment of their first reserves in cryptocurrencies. This investment not only highlights Texas's proactive stance in the evolving landscape of digital assets but also signifies a growing trend among state governments to explore and potentially integrate cryptocurrencies into their financial frameworks. source: https://www.coindesk.com/policy/2025/11/25/texas-buys-usd5m-in-btc-etf-as-states-edge-toward-first-government-crypto-reserves