ChainCatcher news, according to Marketwatch, U.S. President Trump has signed an executive order to establish a strategic Bitcoin reserve and a separate digital asset reserve. Seth Ginns, head of liquid investments at crypto investment firm CoinFund, stated: "While on the surface, a U.S. crypto reserve enforced by a presidential executive order seems like a good thing, the fate of that reserve will be concerning if the next government, four years from now, takes a critical stance on Bitcoin. Over time, it would be better to have a congressional authorization to protect the crypto reserve from the influence of the next administration."

ChainCatcher news, according to DL News, Bitwise Chief Investment Officer Matt Hougan stated in his investment memo: "Trump is like a game changer, the establishment of the U.S. crypto strategic reserve will be seen as the first shot in the global Bitcoin arms race and will trigger a domino effect.Honduras, Mexico, or Guatemala, now looking at El Salvador, it's now America's turn to acquire Bitcoin. Will countries like Dubai, Qatar, or Saudi Arabia envy America's leading position? Countries may view Bitcoin as an important monetary asset."