Trump’s Strategic Crypto Reserve Could Boost Markets, Says Bitwise

A recent report suggests that the upcoming U.S. strategic crypto reserve proposed by President Trump could be beneficial for the markets despite initial bearish reactions.

• Key Highlights:
  • The reserve is expected to be mainly composed of bitcoin, which the report argues will exceed market expectations.
  • Bitwise believes that other nations may consider similar strategic reserves after the U.S. initiative.

In a recent announcement, President Trump indicated that the reserve will include not just bitcoin, but also assets like XRP, Solana, and Cardano, leading some investors to express concern about the strategy of including speculative assets. “The inclusion of speculative assets like Cardano feels more calculating than strategic,” noted Matt Hougan from Bitwise, affirming the market’s misunderstanding of the proposal.

If indeed established, the U.S. government’s move to label crypto assets as ‘strategic’ could indeed shift market perceptions over time.