The U.S. government is taking an unexpected step in financial strategy with the creation of a Sovereign Wealth Fund, following an executive order from President Donald Trump.
While details remain unclear, the move is seen as an effort to strengthen the country’s economic future. Speculation is growing over whether Bitcoin and Ethereum might be included in its asset portfolio, signaling a potential shift in how digital assets are viewed at the national level.
This development coincides with ongoing trade tensions between the U.S., Mexico, and Canada, adding another layer of uncertainty to global markets. Amid this backdrop, Senator Cynthia Lummis is pushing for Bitcoin to be part of government reserves, advocating for a long-term strategy that would see the U.S. accumulate 1 million BTC over five years.
Meanwhile, the crypto market remains resilient. Bitcoin has surged past $101,000, with Ethereum holding strong near $2,849. Some analysts believe the government could consider digital assets as a hedge against economic instability. Eric Trump has also expressed optimism about Ethereum’s potential, fueling further speculation.
As markets react to shifting policies and trade discussions, the introduction of the Sovereign Wealth Fund raises questions about how the U.S. intends to navigate economic challenges. If cryptocurrencies become part of this strategy, it could mark a significant change in how the government approaches digital assets.
BitGo Holdings, Inc. has taken a key step toward becoming a publicly traded company by confidentially submitting a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC).
According to new data shared by Bitcoin Magazine Pro, publicly traded companies now collectively hold over 844,822 BTC, valued at more than $100.5 billion, marking a historic milestone for institutional Bitcoin adoption.
Trump Media and Technology Group, the parent company of Truth Social, Truth+, and Truth.Fi, has officially disclosed that it now holds approximately $2 billion in Bitcoin and Bitcoin-related securities.
The crypto market continues to flash bullish signals, with the CMC Fear & Greed Index holding at 67 despite a minor pullback from yesterday.