In a move that can significantly affect Bitcoin (BTC) and the broader scene of encryption, President Donald Trump has signed an executive order on Monday to develop plans for the government’s sovereign wealth fund aimed at economic development.
This initiative follows Trump’s continuous commitment to benefit from bitcoin and digital assets as a tool for the country Economic strategyAnd he promised his foot during his campaign last year.
Can Bitcoin find a place in US financial assets?
US Treasury Secretary Scott Pesin Shown During a press briefing that the administration intends to “liquefy the assets in the American public budget for the American people” next year.
Bessent put that the fund will include a group of liquid assets and local resources, indicating a possible shift in how the United States is managing its financial assets.
Although the executive demand is not specifically mentioned Bitcoin or Cryptocurrency, its goals include promotion Financial sustainabilityReducing the tax burdens of American families and small companies, and enhancing the country’s economic and strategic impact in the world.
The fund is also expected to invest in critical infrastructure projects such as airports and highways, which may enhance the impact in the United States in strategic areas such as Panama and Greenland.
BESSENT, along with the candidate for the Minister of Commerce, Howard Lootnick – Bitcoin defender Coded– A strategy for the fund will be developed within 90 days of demand.
Waiting for more details, this step can be in line with the increasing trend between sovereign wealth boxes to explore Bitcoin and digital assets as part of their investment strategies.
Model for investment strategies
The sovereign wealth fund in Norway, the largest in the world with more than $ 1.7 trillion in assets, is a prominent example. According to the Sovereign Wealth Fund Institute, Norges Bank Investment Management (NBIM) witnessed an increase in an indirect bitcoin by 153 % in 2024.
This increase, from 1507 BTC at the end of 2023 to 3,821 BTC by the end of 2024, reflects wider acceptance of bitcoin in institutional investment strategies, even if it is not followed directly.
Vetle lunde encryption expert Assure This increased exposure to Bitcoin among the main institutional players indicates its maturity as a decisive component in the investment portfolios.
Lund also highlighted that NBIM has expanded its investments in bitcoin -related companies, including mining and Japanese entity platforms, while maintaining large shares in Microstrategy, although previous predictions of reducing exposure.
The possibility of following a similar approach from the Trump administration indicates that there is a strategic axis towards bitcoin integration and others Digital assets In the American economic framework.
Analysts like Lark Davis have noticed the great effects of this executive, indicating that it can enable the sovereign wealth fund to invest in stocks and cryptocurrencies, which represents a transformational moment of the market.
With the administration’s willingness to reveal more details, the newly appointed White House encryption role will be monitored, especially during a conference next Tuesday.
Distinctive image from Dall-E, Chart from TradingView.com
