Arizona has recently 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 bring in over $2 billion in capital inflow into the cryptocurrency market. The bill was promoted by Senator Wendy Rogers and aims to diversify investment risks and combat inflation, but critics are concerned that Bitcoin's high volatility may threaten the safety of public funds. The bill has been approved by both houses of the state legislature 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.