Cathie Wood calls on the U.S. to create a national Bitcoin reserve

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Prominent investor and ARK Invest CEO Cathie Wood has once again stirred debate around the U.S. national crypto strategy. Speaking on the Bitcoin Brainstorm podcast, she said the United States should start directly purchasing Bitcoin to build a national digital reserve. According to Wood, it’s high time for the U.S. government to move beyond seized assets and begin actively accumulating the digital currency. She reminded listeners that previous leadership had aimed to amass as much as 1 million BTC. “So far, the bitcoins have only been seized. But the original goal was to own a million. I believe they’ll start buying soon,” said Cathie Wood.

Trump Laid the Foundation – Now It’s Time to Act The idea of a national Bitcoin reserve became more concrete in 2025, when President Donald Trump signed an executive order establishing a crypto reserve. Currently, the U.S. Treasury holds around 198,000 BTC — mostly from criminal seizures. However, no direct market purchases have been made yet. Wood argued that Trump views crypto as a key part of his economic strategy and is unlikely to ease off during the second half of his second term: “He wants to stay active; he doesn’t want to be a lame duck. He sees crypto as a path to the future.” She also noted that the crypto sector played a crucial role in his re-election, with many influential players — including herself — backing his campaign.

The White House Is Moving Closer to Crypto Within the Trump administration, a task force led by David Sacks has been formed to draft proposals for better crypto regulation. These include expanding the powers of the CFTC to oversee spot trading of non-security digital assets. Sacks’ team recommended that the Treasury oversee both the reserve and the inventory of forfeited digital assets. It also proposed budget-neutral approaches to purchasing additional BTC — although no such purchases have taken place so far.

Valente: New Market Entrants Could Stabilize the Sector Appearing alongside Wood on the podcast, Lorenzo Valente of ARK noted that 2025 was marked by high market volatility. However, he added that new institutional players are entering the space with long-term strategies. Wood agreed, saying that despite the dips, the market has behaved more moderately compared to past cycles: “If Bitcoin drops only 30% this year instead of 50, 60, or 70%, that’s a win.” She also expects the Trump administration to push for a de minimis exemption — allowing small crypto transactions to be free from capital gains tax. States like Florida and Texas are already working on legislation to build their own crypto reserves.

#CathieWood , #ARK , #bitcoin , #CryptoAdoption , #USGovernment

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