Donald Trump, who usually carbury to the dazzling promises, took his time with the crypto. But lately, he hinted that the time had come to tackle it. With the creation of an American sovereign fund, observers wonder if he intends to use it to invest massively in bitcoin and other cryptocurrency.
United States: a sovereign fund cut for crypto?
Donald Trump signed a Decree creating an American sovereign fundtriggering an avalanche of speculation in the crypto industry. Some analysts see in This initiative a springboard so that The United States is essential as a sector leader digital assets.
Austin King, co -founder of Omni Network, argues that Trump could bypass the usual bureaucracy for acquire bitcoin via this fund.
A theory reinforced by the displayed support of several figures of the administration, including Howard Lutnick, the very pro-Crypto Secretary of Commerce.
- The sovereign funds manage today more than $ 13,000 billion ;
- Norway already has $ 355 million in Bitcoin;
- Blackrock estimates that such initiatives could propel Bitcoin at $ 700,000.
If this fund is materialized, it could give new legitimacy to the crypto, encouraging other investors to take the plunge. But everything is not so simple: between Volatility and blurred regulationsthe integration of cryptocurrency into a sovereign fund remains a risky bet.
Thus, Ryan Lee, chief analyst at Bitget Research, argue:
“” The potential creation of an American sovereign fund under the aegis of Trump, with possible investments in Bitcoin, could considerably stimulate the feeling of the market and even more legitimize Bitcoin. »»
Donald Trump and his bet on Bitcoin
Trump has never hidden his interest in Bitcoin. According to Ishmael Green, a lawyer specializing in crypto, the ex-president would personally hold Almost half a billion dollars in cryptoincluding a substantial sum in Ethereum. Suffice to say that he does not land in a tourist in this sector.
This desire to establish American domination in the crypto could be part of A wider strategy.
Alex Jones says Trump is considering'Integrate Tiktok In this same sovereign fund, just to make it a financial and geopolitical weapon. For his part, Pete Rizzo stresses that the fund will be managed by two fervent supporters of Bitcoin. A whole program.
But this choice includes risks. Mauricio Mondragon, expert in Crypto asset management, recalls that this type of government investment posesSpainful security and regulation questions.
How to store these assets? How to protect them from wild fluctuations on the market? So many questions that remain unanswered.
Crypto regulation pending
Behind this poker stroke, the question of crypto regulation in the United States remains a minefield. If the idea ofA sovereign fund boosted in Bitcoin Enthusiasm The maximalists, she worries regulators. The debates are likely to be stormy, between those who want to make the crypto a pillar of the American economy and those who fear a penknife in monetary sovereignty.
The Trump administration seems ready to play the balancingists. Spencer Farrar, partner at Theory Ventures, stresses that this fund could give a boost to the legitimacy of crypto in the United States. Especially since privatization has already shown its virtues for the adoption of new technologies.
But for it to work, it will be necessary solve structural problems linked to the management and security of cryptocurrency.
In short, between the enthusiasm of the maximalists and the prudence of the institutions, the future of this sovereign fund promises to be hectic.
Even yesterday, Bitcoin dived at $ 91,530, before bounced. A tumble that some attribute to Trump, accused of having strengthened the trade war with economic behemoths such as China, Canada and Mexico. The timing is perfect: battery at the time when his sovereign fund is preparing to take action. Coincidence? Not sure.
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