On March 23, Matthew Sigel, Director of Digital Asset Research at VanEck, shared on the X platform that Bloomberg analysts estimate the possibility of the US government purchasing Bitcoin in 2025 only reaches 30%, based on the current legal situation and political context.

However, Sigel noted that Trump may not need to promote legislative efforts to do this, as he could directly use the Exchange Stabilization Fund (ESF) if he wants. This means Trump could act independently to enhance the US government's Bitcoin reserves, instead of waiting for the time-consuming legislative process.

Information about the possibility of the US government participating in the Bitcoin market continues to attract attention, especially in the context of US monetary and financial policies increasingly influenced by the development of digital assets.

Previously, on March 7, White House AI and Cryptocurrency Advisor David Sacks announced on social media that President Donald Trump had just signed an executive order to establish a strategic Bitcoin reserve fund.

According to Sacks, the fund will be formed from the Bitcoin that the US government is holding, mainly from asset seizures in criminal or civil cases, without spending taxpayers' money.

Additionally, this order also establishes a US Digital Asset Reserve Fund, including other digital assets seized through cases. However, the government will not buy new assets for the fund but only manage the seized assets under the management of the Ministry of Finance.

Also Read: Mr. Trump Signs Order to Open Strategic Bitcoin Reserve Fund