In recent times, Arizona has become the first state in the United States to pass the **Bitcoin Strategic Reserve Act (SB1025)**, allowing up to 10% of state public funds (such as retirement funds) to be invested in Bitcoin, which is expected to potentially bring in over $2 billion in capital inflow to the crypto market. The bill was promoted by Senator Wendy Rogers, aiming to diversify investment risks and address inflation, but critics worry that Bitcoin's high volatility could threaten the safety of public funds. The bill has been approved by both the state House and Senate and is currently awaiting the signature of Governor Katie Hobbs. If enacted, Arizona will become the first state to establish an official Bitcoin reserve, potentially prompting 15 other states to follow suit. This legislation is seen as an important milestone for the integration of cryptocurrency into traditional finance.