Pocketnet Expands Its Reach as MWX Token Lists on BitMart December 4, 2025, and Indiana Proposes Bill for Crypto Investments in Public Funds
- Lyla Velez
- December 5, 2025
- Policy
- 0 Comments
- Indiana to include crypto ETFs in public funds.
- Potential Bitcoin demand increase in Indiana.
- Legislation supports institutional crypto investments.
Pocketnet News
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Indiana is progressing with House Bill 1042, which permits public investment funds to include cryptocurrency ETFs, specifically targeting Bitcoin as a primary asset.
Legislation and Implementation
Representative Kyle Pierce leads the innovation-centered House Bill 1042 in Indiana, aiming to integrate cryptocurrency ETFs into public fund investments. This legislation finds support from Representatives Jake Teshka, Christopher Judy, and Heath VanNatter, among others.
Impact on Public Funds
The bill, neutral according to Indiana Public Retirement System‘s Tony Green, mandates public funds like retirement and education plans to offer crypto ETFs. Notably, Bitcoin is a central asset in this initiative, though it doesn’t incorporate direct token holdings.
Market Reactions
Immediate market reactions include implications for public retirement and education funds, potentially increasing demand for Bitcoin and related ETFs. The bill’s progress also reflects institutional interest, bolstering the cryptocurrency market in Indiana.
Financial and Political Implications
Financial and political implications arise from additional investment options and regulatory adaptations. The bill demonstrates significant institutional interest, addressing crypto volatility and access to diverse investment strategies within Indiana.
Comparative Legislation
Similar legislative movements in states like Texas suggest potential outcomes. Historical trends show Bitcoin ETF inflows increase with legislative support, although broader financial impacts depend heavily on adoption and regulatory clarity.
“Digital assets are quickly becoming part of everyday finances, and Indiana should be ready to engage in a smart, responsible way. This bill gives Hoosiers more investment choices while establishing guardrails and helping us explore how blockchain and digital asset technology can benefit communities across our state.” – Representative Kyle Pierce, House Bill 1042 Sponsor, Indiana House of Representatives
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