The crypto world is buzzing as President Donald Trump’s administration takes a major step toward integrating digital assets into national financial policy. The newly appointed “crypto czar,” David Sacks, has outlined the administration’s pro-crypto agenda, with a strong focus on the feasibility of a Bitcoin reserve.

A Strategic Bitcoin Reserve?

During a recent press conference, Sacks confirmed that a working group within the administration would prioritize evaluating a potential Bitcoin reserve. While details remain unclear, the idea of a national Bitcoin reserve aligns with Trump’s broader economic strategy, which also includes a newly proposed sovereign wealth fund.

Sacks noted that “once our cabinet secretaries are in place, one of our first steps will be assessing the feasibility of a Bitcoin reserve.” However, he clarified that the sovereign wealth fund and Bitcoin reserve were separate initiatives and directed further questions on the topic to Commerce Secretary nominee Howard Lutnick.

A Sovereign Wealth Fund That Includes Bitcoin?

Trump recently signed an executive order to establish a sovereign wealth fund, a government-owned investment fund designed to generate revenue through strategic investments. Analysts believe Bitcoin could play a key role in this fund, particularly given the crypto-friendly stance of key Trump administration figures, including Treasury Secretary Scott Bessent.

According to CoinShares Head of Research James Butterfill, “From a fund manager’s perspective, including Bitcoin makes sense, and it’s highly likely that some Bitcoin will be part of the fund.” He likened the U.S.’s potential move to Norway’s sovereign wealth fund, which invests in oil revenues for long-term economic stability. With the U.S. facing a mounting national debt, the idea of monetizing assets—including Bitcoin—is gaining momentum.

Crypto’s Role in Trump’s Economic Vision

Trump’s administration has demonstrated an increasingly crypto-friendly stance, which stands in stark contrast to the regulatory uncertainty of previous years. The push for a Bitcoin reserve—alongside moves to undo restrictive SEC policies—signals a potential shift in how digital assets are treated at the federal level.

With the U.S. exploring both a Bitcoin reserve and a sovereign wealth fund that could include digital assets, the long-term implications for crypto adoption are significant. Whether this will lead to the U.S. following El Salvador’s model of national Bitcoin reserves or taking a more diversified approach remains to be seen.

For now, crypto enthusiasts will be watching closely as the administration moves forward with its plans. One thing is clear: Bitcoin is becoming a central figure in America’s economic policy discussions like never before.