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#ETH# #SOL# #XRP# #ADA#


According to the official announcement, the proposed crypto reserve will include Bitcoin, Ethereum, and other digital assets. This initiative aims to strengthen the U.S. as a global leader in the crypto space. In particular, the announcement triggered a significant rise for the coins. However, experts are sharply divided on the selection of assets in the reserve. Nevertheless, if diversification is needed, they recommended using a market value-weighted crypto asset index to ensure neutrality. Despite considering both options, Armstrong emphasized that a reserve consisting only of Bitcoin would be the easiest way. Meanwhile, many in the crypto community expressed disappointment. Jeff Park, President of Bitwise Alpha Strategies, was among those advocating for a reserve specific to Bitcoin. He warned that the inclusion of uncertain altcoins of national importance could lead to perceptions of insider trading, even if unfounded. Park also stated that Bitcoin should be the sole strategic reserve asset, but broader crypto adoption could be supported from an investment perspective. Even Peter Schiff, a long-time Bitcoin skeptic, acknowledged the logic of a BTC reserve, likening it to a gold reserve while questioning the need for XRP in the crypto reserve.
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