Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Bitwise Explains What the American Cryptocurrency Fund Will Be Like

Bitwise Explains What the American Cryptocurrency Fund Will Be Like

HappyCoinNewsHappyCoinNews2025/03/06 19:55
By:HappyCoinNews

Matt Hougan, head of the investment department at the financial company Bitwise, told what the American cryptocurrency fund will most likely be like.

Market participants were upset to learn that the proposed reserve fund would not only include bitcoin. The addition of lower-cap assets, as announced by [Donald Trump], creates unnecessary complications.

 

Once everything settles down, I think the final version of the reserve fund will be almost entirely Bitcoin and will be larger than people think, said Hougan.

Bitwise Explains What the American Cryptocurrency Fund Will Be Like image 0

Matt Hougan

Let us recall that US President Trump came up with an initiative turn on not only bitcoins, but also ethereums were added to the state cryptocurrency fund, XRP ( XRP ), Solana (SOL) and Cardano (ADA) Matt believes that adding “speculative assets” such as Cardano , is driven by the pursuit of profit rather than the fulfillment of strategic objectives. Therefore, it can be assumed that in order to reduce the risks associated with a sharp drop in the Ethereum rate, XRP , SOL and ADA, they will account for a small portion of the fund's assets.

If the US were to create some sort of cryptocurrency reserve fund, it’s hard to imagine it wouldn’t have a domino effect. Put yourself in the shoes of the governments of Honduras, Mexico, and Guatemala, watching as the governments of El Salvador or the US bought bitcoin. Would you follow their example? — wrote the Bitwise staff.

Honduras and Mexico may follow in the footsteps of the United States, as Bitwise experts predict, but Russia has no plans to invest budget funds in digital assets yet. According to the head of the State Duma Committee on Financial Markets, Anatoly Aksakov, officials "while they study the situation" .

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!