Ethereum's market value surpasses $500 billion, meeting the public fund investment standards of some U.S. states
According to BlockBeats, with Ethereum's total market value surpassing $500 billion, it has reached the public fund investment threshold in some states in the U.S. New Hampshire has passed a bill allowing up to 5% of public funds to be invested in cryptocurrency assets with a market capitalization exceeding $500 billion. Texas has signed the Bitcoin Reserve Bill SB 21, creating a state-managed fund to invest in cryptocurrencies with an average market capitalization of at least $500 billion over the past 12 months. The Oklahoma House of Representatives has passed a bill allowing 10% of public funds to be invested in Bitcoin or digital assets with a market capitalization exceeding $500 billion.