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Trump later confirmed that BTC and ETH were part of the reserve, easing concerns
Federico Brokate of 21Shares believes the move could accelerate institutional investment and strengthen U.S. leadership in digital assets
James Butterfill from CoinShares expressed surprise that non-bitcoin assets were included in the reserve, comparing them to tech investments rather than store-of-value assets
The U.S. president’s language regarding a Bitcoin strategic stockpile has evolved since his January 23 executive order, where he initially directed the creation of a broader "digital asset stockpile," a decision that disappointed Bitcoin maximalists
Bitcoin and Ethereum supporters initially expressed frustration after the two largest cryptocurrencies were omitted from Trump’s first announcement
Trump’s announcement of the US Crypto Strategic Reserve triggered increased buying activity across the crypto market, signaling expectations of major policy shifts favoring digital assets
Rebecca Rettig, chief legal officer at Jito Labs, distinguished a stockpile from a reserve, stating that a stockpile consists of cryptocurrencies accumulated from various cases, while a reserve reflects assets the Treasury Department chooses to purchase and hold

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