24 Mar 2025

U.S. Bitcoin Reserve & ETF Updates: Arizona and Oklahoma Take Bold Steps

 

Big things are happening in the U.S. as states push forward with Bitcoin reserve legislation. Today, March 25, 2025, we’ve got some exciting updates from Arizona and Oklahoma that could shape the future of crypto adoption in America



Arizona: Two Bitcoin Reserve Bills Clear a Hurdle

Arizona is pushing the envelope with two bills—SB1373 and SB1025—that just passed the House Rules Committee. These could make Arizona a pioneer in holding Bitcoin as part of its state reserves.

  • What’s on the Table?
    SB1025, the "Arizona Strategic Bitcoin Reserve Act," proposes investing up to 10% of certain public funds—like the state treasurer’s pool or retirement systems—into Bitcoin. Meanwhile, SB1373 aims to create a Digital Assets Strategic Reserve Fund, using seized crypto and legislative appropriations. Bold stuff!
  • Will It Pass?
    Both bills have a solid shot at clearing the Arizona House, given the growing pro-crypto vibe. But here’s the twist: the governor could veto them. In 2024, about 22% of bills got the axe, so there’s a chance these Bitcoin plans could stall. Fingers crossed!
Oklahoma: HB1203 Cruises Through the House

Oklahoma’s making noise too! HB1203, which would allow the state to hold Bitcoin in its reserves, just sailed through the House with a landslide 77-15 vote.

  • The Details:
    This bill is a big step toward integrating Bitcoin into Oklahoma’s financial framework. With a Republican-controlled Senate and a Republican governor, it’s got a strong chance of becoming law. Could Oklahoma be the next crypto-friendly state?
  • Why It’s a Big Deal:
    That overwhelming House vote shows serious support for Bitcoin as a legitimate asset. If it passes the Senate, Oklahoma could set an example for others to follow.
Why This Matters

These updates from Arizona and Oklahoma aren’t just local wins—they hint at a growing acceptance of Bitcoin across the U.S. States are starting to see BTC as more than just a speculative plaything, and that could ripple out to things like Bitcoin ETFs down the line. While ETF-specific news has been quiet lately, successful reserve laws could boost investor confidence in crypto products.

  • Arizona’s Outlook: If these bills dodge a veto, Arizona might lead the charge as the first state with an official Bitcoin reserve.
  • Oklahoma’s Momentum: With strong legislative backing, Oklahoma’s looking like a sure bet to join the crypto club.

What’s Coming Next?
For Arizona, it’s all about the House vote and dodging that veto. For Oklahoma, the Senate’s up next. Either way, these moves show Bitcoin’s inching closer to mainstream public finance—and that’s huge.