Texas has moved closer to directly holding Bitcoin by naming the five-member advisory committee for its Strategic Bitcoin Reserve. According to the Texas Comptroller’s office, Acting Comptroller Kelly Hancock will serve on the committee, which was created to help guide reserve management. This adds a formal governance step to the state’s previously reported plan to shift about $10 million in Bitcoin exposure from BlackRock’s iShares Bitcoin Trust (IBIT) to directly custodied BTC through a qualified crypto custodian. The new input confirms the committee’s formation and Hancock’s role but does not add new figures or operational details beyond the advisory structure.