Texas Plans to Move $10 Million Bitcoin Reserve From BlackRock ETF to Direct BTC Custody

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Texas Plans to Move $10 Million Bitcoin Reserve From BlackRock ETF to Direct BTC Custody

The post Texas Plans to Move $10 Million Bitcoin Reserve From BlackRock ETF to Direct BTC Custody appeared first on Coinpedia Fintech News

Texas is now taking complete control of its Bitcoin strategy. After the state is preparing to move its $10 million Strategic Bitcoin Reserve from BlackRock’s Bitcoin ETF into directly held Bitcoin, signaling a shift from traditional ETF exposure to full on-chain ownership. The move comes as Texas builds the infrastructure needed to manage and secure …