According to PANews, Indiana State Representative Jake Teshka has introduced a bill that would permit public funds, including public employee retirement funds and state teacher retirement funds, to invest in specific Bitcoin exchange-traded funds (ETFs). The proposed legislation also mandates that state administrative departments explore the application of blockchain technology to enhance cost efficiency, improve user experience, and bolster data security. A report on these findings is to be submitted to the legislature by October 1, 2026.