{"id":730268,"date":"2026-05-29T15:15:16","date_gmt":"2026-05-29T12:15:16","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/texas-bitcoin-reserve-plans-shift-from-etf-to-direct-btc-custody\/"},"modified":"2026-05-29T15:15:16","modified_gmt":"2026-05-29T12:15:16","slug":"texas-bitcoin-reserve-plans-shift-from-etf-to-direct-btc-custody","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/texas-bitcoin-reserve-plans-shift-from-etf-to-direct-btc-custody\/","title":{"rendered":"Texas Bitcoin reserve plans shift from ETF to direct BTC custody"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1tZXRhcGxhbmV0LXZzLXN0cmF0ZWd5LWtleS1kaWZmZXJlbmNlcy1pbi10aGVpci1hcHByb2FjaC10by1iaXRjb2luLWhvbGRpbmdzLTEuanBn.jpg\" alt=\"Texas Bitcoin reserve plans shift from ETF to direct BTC custody\" class=\"type:primaryImage\"><\/p>\n<p>Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock\u2019s IBIT ETF into directly held coins and build full state\u2011level BTC plumbing.<\/p>\n<p>Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock\u2019s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into directly held coins, according to a state procurement document. <\/p>\n<p>The move, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.txsmartbuy.gov\/esbd\/908-26-1778WS\" rel=\"noopener noreferrer\" target=\"_blank\">posted<\/a> May 7 and announced in a Thursday <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/comptroller.texas.gov\/about\/media-center\/news\/20260528-acting-texas-comptroller-kelly-hancock-names-strategic-bitcoin-reserve-advisory-committee-members-1778774749224\" rel=\"noopener noreferrer\" target=\"_blank\">release<\/a> from the Texas Comptroller\u2019s office, would move Texas closer to directly held Bitcoin through a third-party custody arrangement rather than relying solely on ETF exposure, marking a shift from ETF exposure to direct onchain ownership.<\/p>\n<p>Texas has allocated $10 million to the Strategic Bitcoin Reserve, which the state has used to buy IBIT as an interim way to hold the funds before shifting to directly custodied Bitcoin, according to the request for proposals document.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/texas-plans-shift-bitcoin-reserve-from-etf-to-direct-custody?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock\u2019s IBIT ETF into directly held coins and build full state\u2011level BTC plumbing. Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock\u2019s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into&#8230;<\/p>\n","protected":false},"author":1,"featured_media":730269,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-metaplanet-vs-strategy-key-differences-in-their-approach-to-bitcoin-holdings-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-730268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/730268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=730268"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/730268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/730269"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=730268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=730268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=730268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}