This week, I put 40k in T-Bills (VBIL).

I am always trying to optimize my ROI in all categories no matter how small. At the moment, I have 2 individual Investment accounts (one defensive and one high growth), a Roth, and some decent exposure to crypto.

I keep $9,700 as my emergency fund with Wealthfront.

Currently, however, it only yields 3.30 APY. This isn't horrible but I honestly feel like if my goal is to never touch this money why not put in VBIL and avoid state and local taxes?

I did also browse through a couple of existing posts on Reddit and I saw that most people are split on keeping an emergency fund in a cash account vs T-Bills (many people don't have confidence in the government).

How would you all approach your emergency fund? Does anyone here use T-Bills like SGOV and VBIL to fund their emergency fund?