U.S. Moves Toward Bitcoin Integration with Strategic Reserve Plan
The Trump administration is advancing policies to incorporate Bitcoin into federal reserves and financial systems, while Wall Street shows growing institutional interest.
- President Trump has signed an executive order to create a Bitcoin-focused strategic reserve, consolidating seized Bitcoin holdings into a centralized federal account.
- The administration has emphasized 'budget-neutral' methods for potential Bitcoin acquisitions, such as Bitcoin bonds or reallocating existing assets like gold reserves.
- Institutional interest in Bitcoin has surged, with spot Bitcoin ETFs attracting over $100 billion in assets within a year, highlighting significant demand from Wall Street firms.
- Major financial institutions, including BlackRock and Fidelity, have embraced Bitcoin ETFs, while banks like Citi and State Street plan to offer crypto custody services in 2025.
- Speculation is growing about a global 'Bitcoin arms race,' with other nations like China and Japan reportedly considering similar reserves to rival U.S. initiatives.