state retirement systems; digital assets

This concurrent resolution (SCR 1005) encourages Arizona's State Retirement System and Public Safety Personnel Retirement System to study the potential inclusion of Bitcoin and digital asset exchange-traded funds (ETFs) in their investment portfolios. It directs these systems to monitor market developments, consult with SEC-approved digital asset ETF providers, and submit a detailed feasibility report to state officials before the next legislative session. The resolution does not mandate any investment but seeks to evaluate risks, benefits, and safe implementation options for retirement funds. It reflects growing institutional interest in digital assets, noting over 11 approved Bitcoin ETFs and $16 trillion in global assets under management for related firms.