极道桃园 Ethereum's market capitalization stabilizes at $500 billion, initially reaching the investment threshold for public funds in some U.S. states. On August 10, news broke that with Ethereum's total market capitalization surpassing $500 billion, it has initially met the public fund investment threshold for some states in the U.S.: New Hampshire passed a strategic Bitcoin reserve bill on May 7, which stipulates that the finance officer can invest up to 5% of public funds from the general fund and other authorized funds in these assets, with the requirement that the cryptocurrency assets must be projects with a market capitalization of over $500 billion. Texas Governor signed the Bitcoin Reserve Bill SB 21 into law on June 22, officially creating a state-managed fund that will only invest in cryptocurrencies that have an average market capitalization of at least $500 billion over the past 12 months, and are eligible for state budget allocations. The Oklahoma House of Representatives voted on March 25 to pass a strategic Bitcoin reserve bill (not yet officially passed into law). The bill allows the state to invest 10% of public funds in Bitcoin or any digital asset with a market capitalization of over $500 billion. $WCT
