Ethereum market capitalization holds above 500 billion USD, initially reaching the investment threshold for some states in the United States.

On August 10, as Ethereum's total market capitalization surpassed $500 billion, it has preliminarily reached the public fund investment threshold in some states of the United States:
On May 7, New Hampshire passed a strategic Bitcoin reserve bill, which stipulates that the financial officer may invest up to 5% of public funds from the general fund and other authorized funds in these assets, where the cryptocurrency assets must be projects with a market capitalization of over 500 billion dollars.
· The Governor of Texas signed the Bitcoin Reserve Act SB 21 on June 22, officially making it law. A fund managed by the state government will be created, which will only invest in cryptocurrencies with an average market capitalization of at least $500 billion over the past 12 months and that are eligible for state budget allocations.
· The Oklahoma House voted on March 25 to pass the Strategic Bitcoin Reserve Act (not yet officially enacted into law). The bill allows the state to invest 10% of public funds in Bitcoin or any digital asset with a market capitalization exceeding $500 billion. #PI# #BTC# #ETH# #GateioInto11# #GT#