Experts in the cryptocurrency industry believe that clarity on U.S. regulations will bring greater benefits to the industry than President Donald Trump's plan to create a national Bit (BTC) reserve. Trump's executive order on March 6 to establish a strategic Bit reserve and a dedicated digital asset repository for altcoins has left a muted impression on industry leaders.

Leaders are awaiting detailed guidance from the White House on issues such as securities regulations and taxation. Some say, "The market demands a clear roadmap for innovation and guidance on stablecoins, institutional adoption, and taxation."

Trump's executive order directing the creation of a cryptocurrency reserve does not meet the expectations of traders as the initial budget and reserve will only consist of seized digital assets. Bit has declined about 13% since then, as traders face uncertainty in the unstable macroeconomic environment. Altcoins have also declined similarly, and the total cryptocurrency market capitalization has evaporated more than $400 million.

However, some industry executives remain optimistic thanks to Trump and the crypto-friendly heads of regulatory agencies he has appointed. They expect the future of U.S. cryptocurrency policy under Trump to feature more initiatives and positive information.

The industry believes that clarity on policies such as stablecoin guidance and institutional adoption could help altcoins regain their growth momentum. Without clear actions, Bit may continue to dominate as a primary macro asset.