Trump directs inclusion of BTC, ETH, SOL, XRP, ADA in crypto reserve
Trump directs inclusion of BTC, ETH, SOL, XRP, ADA in crypto reserve
President Donald Trump has announced an expansion of the U.S. crypto strategic reserve, directing the President’s Working Group on Digital Assets to include Bitcoin, Ethereum, Solana, XRP, and Cardano.
The decision marks a notable shift from his previous stance, where he initially proposed a strategic national Bitcoin stockpile focused exclusively on BTC.
The updated directive follows Trump’s January 23 executive order, which instructed officials to study the feasibility of a national crypto reserve and explore regulatory frameworks for stablecoins. The order also banned the development of a central bank digital currency (CBDC) in the United States, a move that aligned with the broader anti-CBDC sentiment among Bitcoin advocates.
Bitcoin maximalists push back
Despite the inclusion of Bitcoin in the reserve, Bitcoin maximalists have expressed frustration over the broader scope of the initiative. Many hoped that the US reserve would only hold BTC, rather than diversifying across multiple cryptocurrencies.
Crypto influencers and industry leaders, including Walker, host of THE Bitcoin podcast, and Pierre Rochard, VP of research at Riot Platforms, criticized the decision, pointing out that it deviated from Trump’s initial Bitcoin-only promise. On social media, some Bitcoin supporters called for Trump to exclude other digital assets from the reserve to maintain Bitcoin’s dominance.
To address regulatory concerns and engage with industry leaders, President Trump is set to host the first-ever White House Crypto Summit on March 7. The event will bring together executives from major crypto firms and policymakers to discuss the future of digital asset regulation in the US.
With Trump’s evolving stance on cryptocurrency, the summit could shape the next phase of US crypto policy, determining how the administration balances innovation, regulation, and market influence.
