According to a recent survey by the Bank for International Settlements on central bank reserves, 15.9% of central bank respondents indicated they would consider investing in digital assets or currencies within five to ten years in 2024. However, in the 2025 survey, only 2.1% of central banks considered investing in cryptocurrencies within the same timeframe. Among 91 central banks managing over $7 trillion in reserves, none currently hold digital asset investments. While no central bank currently views Bitcoin as a suitable investment category, 23% expressed uncertainty, and 11.6% stated that cryptocurrencies are becoming a more credible investment. Regarding the idea of establishing a Bitcoin strategic reserve, only one central bank supported the concept, with 50 (59.5%) central banks opposing it. However, a significant number of central banks (33, representing 39.3%) indicated uncertainty.
The survey was conducted in January and February, predating Trump's March executive order about establishing a strategic Bitcoin reserve and digital asset reserves. Nevertheless, he had briefly mentioned this idea in a digital asset executive order earlier in January. Although the survey preceded the recent round of U.S. tariff measures, survey respondents cited U.S. protectionist policies as the greatest risk.