According to the source, Melanion Capital plans to launch a €50M fund to build a private, regulated BTC reserve, as stated in a social-media post dated Oct 1, 2025 (source: social media post, Oct 1, 2025). For traders, the headline size implies up to €50M of potential BTC purchases if capital is fully allocated to Bitcoin, but the source did not disclose deployment schedule, custody setup, or regulatory domicile (source: social media post, Oct 1, 2025). The source provided no details on investor eligibility, mandate, or timelines, so near-term flow impact is unclear; monitor for an official announcement and specifics from Melanion Capital before inferring market liquidity effects (source: social media post, Oct 1, 2025).

According to @Andre_Dragosch, Oranje will debut on the B3 in early October with a reserve of 3,650 BTC, as stated in his X post on Sep 23, 2025 (source: @Andre_Dragosch on X). According to @Andre_Dragosch, the post discloses the reserve size and timing but does not specify a ticker or instrument type (source: @Andre_Dragosch on X). According to @Andre_Dragosch, the 3,650 BTC reserve is the key publicly stated datapoint for traders to track into the early-October B3 debut window (source: @Andre_Dragosch on X).

According to @WhiteHouse, Texas has become the first US state to establish a publicly funded, stand-alone Bitcoin (BTC) reserve after Governor Greg Abbott signed Senate Bill 21 into law. The state has appropriated $10 million to purchase BTC for this reserve, which will be managed independently from the main treasury. This move is seen as a significant bullish indicator for Bitcoin adoption at a sovereign level, potentially creating sustained buying pressure. A companion bill, HB 4488, further protects the reserve from being swept into the state's general revenue, signaling a long-term holding strategy for the digital asset. This legislation marks a shift in how states view digital assets, treating them not just as speculative tools but as sovereign financial instruments.

According to Crypto Rover, Texas has officially signed the Bitcoin Reserve into law, allowing the state to purchase unlimited amounts of Bitcoin (BTC) without any cap, as reported on June 23, 2025 (source: @rovercrc on Twitter). The law mandates that all BTC holdings must be stored in cold storage with regulated custodians, ensuring enhanced security. Importantly, the law stipulates that Bitcoin can only be sold to cover short-term cash gaps, preventing unnecessary liquidations. This regulatory move is widely considered bullish for the cryptocurrency market, as it signals strong institutional support and could drive increased demand for BTC, potentially impacting global crypto prices.

According to Eleanor Terrett, New Hampshire has become the first U.S. state to enact a law permitting its treasurer to purchase Bitcoin as a strategic reserve, either directly or via an exchange-traded product (ETP) (source: Eleanor Terrett, May 6, 2025). This development establishes a precedent for institutional crypto adoption at the state level and signals growing governmental trust in Bitcoin as a store of value. Crypto traders may see increased legitimacy and potential price support for Bitcoin as other states or entities could follow New Hampshire's lead, potentially boosting institutional demand and market liquidity.