Sovereign Fund To Include Crypto

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Sovereign Fund To Include Crypto

Us Sovereign Fund To Include Crypto, According To Experts

number of experts believe that the US Sovereign Fund will include crypto, among other assets. This comes as President Trump has signed an order to create a US Sovereign Fund.

If the US Sovereign Fund includes Bitcoin, ETH, or other coins, it could lead to another bull run in the cryptocurrencies. It will also be a sign that the BTC is finally accepted by the US government.

Bitcoin To Reach $700k

According to Flexa's CEO, the current administration supports digital assets. So, its only natural for the US government to also include Bitcoin & other US-based coins in the US Sovereign Fund.

The inclusion of assets like Bitcoin will improve the stability of the US economy. It will also help in shaping the USA as the leader in digital assets.

Another expert added that the intentions of Trump are very clear. He is setting up the fund to buy cryptocurrencies such as Bitcoin. That would be a major move and will help the USA to become a crypto powerhouse.

However, the sovereign wealth fund may take some time to establish. One analyst believes that it could easily take up to 12 months!

Ishmael Green from Diaz Reus added that the President has been hinting at the sovereign wealth fund for some time now. As of now, Trump has invested almost $0.5 billion in cryptocurrencies already. This shows that Trump is really serious about crypto!

However, there are some experts who think crypto will not be included in the sovereign wealth fund due to its high volatility. Also the regulatory challenges also make it difficult for crypto to be a part of the sovereign wealth fund.

According to BlackRock, the inclusion of Bitcoin could catapult its price up to $700K. They added that the Bitcoin has the potential to reach $500K - $700K if it makes it to the sovereign wealth fund.

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