Trump Names Bitcoin and Four Other Assets for a Planned U.S. Crypto Reserve
President Donald Trump said a planned U.S. crypto reserve would include Bitcoin, Ether, XRP, Solana, and Cardano, triggering an immediate market rally and a public argument over whether a strategic reserve should contain Bitcoin alone or multiple digital assets.
On March 2, 2025, President Donald Trump said in social-media posts that a planned U.S. strategic crypto reserve would include Bitcoin, Ether, XRP, Solana, and Cardano. The announcement was the first time the administration publicly named assets it expected to include, and Bitcoin jumped sharply before part of the move reversed as investors looked for details on funding, legal authority, and implementation.
The multi-asset proposal also produced an immediate policy debate inside the digital-asset industry. Bitcoin-focused advocates argued that a national reserve should distinguish Bitcoin from other tokens because of its fixed supply, decentralized monetary design, and lack of an issuing organization, while others supported a broader basket.
Four days later, the administration's formal executive order made a materially different distinction: forfeited Bitcoin would be placed in a Strategic Bitcoin Reserve, while other forfeited digital assets would be managed in a separate Digital Asset Stockpile. The March 2 announcement therefore stands as the proposal stage that exposed the unresolved question of what the United States meant by a digital-asset reserve.