Deutsche Bank: The Trump administration's Bitcoin reserves resemble a reclassification, and there are still many unknowns about how it works

ChainCatcher news, Deutsche Bank Managing Director and Macro Strategist Marion Laboure stated that the Trump administration's Bitcoin reserves are a continuation of many initiatives in the broader digital asset industry for 2024, and are more like a reclassification, with nothing new. However, there are still many unknowns regarding how it operates, as there is currently no information on the allocation of cryptocurrencies in the reserves, limited understanding of the asset portfolio, and little knowledge about the timeline. Cryptocurrencies as an asset class remain highly volatile, and many cryptocurrencies still carry certain risks, aside from Bitcoin and Ethereum.