Ethereum Market Cap Stabilizes Above $500 Billion, Approaching Investment Threshold of Some US States

By: theblockbeats.news|2025/08/10 11:21:59

BlockBeats News, August 10th, as the total market cap of Ethereum surpasses $500 billion, it has preliminarily reached the public fund investment threshold of some states in the United States:

· New Hampshire passed the Strategic Bitcoin Reserve Act on May 7th, which stipulates that the State Treasurer may invest up to 5% of public funds from the general fund and other authorized funds in these assets, with cryptocurrencies needing to be projects with a market cap exceeding $500 billion.

· The Governor of Texas signed the Bitcoin Reserve Act SB 21 on June 22nd, making it law. It will establish a fund managed by the state government, only investing in cryptocurrencies with an average market cap of at least $500 billion in the past 12 months and eligible to receive state budget appropriations.

· The Oklahoma House of Representatives voted on March 25th to pass the Strategic Bitcoin Reserve Act (not formally enacted into law yet). This act allows the state to invest 10% of public funds in Bitcoin or any digital asset with a market cap exceeding $500 billion.

DDC Enterprise Limited has today announced the additional purchase of 50 bitcoins, increasing its total bitcoin holdings to 2,118 bitcoins. This latest acquisition marks DDC's seventh consecutive week of executing its bitcoin accumulation plan. Based on its current holdings, DDC is ranked 34th in the global publicly traded companies bitcoin holdings list.

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