U.S. government reveals Bitcoin and altcoin holdings ahead of strategic digital asset reserve launch - IcoHolder.

A new chapter in U.S. economic policy is unfolding as federal agencies prepare to disclose their Bitcoin and cryptocurrency holdings by the rapidly approaching April 5 deadline. The revelation is part of President Donald Trump’s ambitious plan to create a U.S. government-backed digital asset reserve, adding a layer of legitimacy and structure to the rapidly growing cryptocurrency space.

In a move that has sparked widespread anticipation, the Treasury Department, along with other federal agencies, will reveal their crypto portfolios, including Bitcoin, which is expected to take center stage. However, the real intrigue lies in the potential inclusion of several high-profile altcoins. Ethereum, XRP, Solana, and Cardano have all been identified as possible candidates for the U.S. crypto stockpile.

Trump’s executive order, signed on March 6, set the stage for the creation of the U.S. Strategic Digital Asset Reserve, a digital reserve that will hold a variety of cryptocurrencies. In an effort to maintain transparency, the executive order mandates that all federal agencies report their Bitcoin and other crypto holdings to the Treasury Secretary within 30 days. The April 5 deadline marks a critical point in this process.

The key feature of Trump’s order is the flexibility it offers to the Treasury and Commerce Secretaries. They are authorized to expand the reserve through strategic, budget-neutral deals. This means that additional assets could be acquired through creative partnerships and agreements, rather than direct spending, potentially allowing the reserve to grow without impacting the federal budget.

Prior to signing the executive order, President Trump dropped hints on Truth Social regarding his favored digital assets. In addition to Bitcoin, he highlighted Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) as strong candidates for the reserve. These cryptocurrencies, each a leader in their own right, have substantial market capitalizations, with Bitcoin at $1.69 trillion, Ethereum at $225.4 billion, XRP at $123.6 billion, Solana at $64.8 billion, and Cardano at $24.14 billion.

If the U.S. government moves forward with including these assets in the reserve, the effects could be far-reaching, potentially sparking significant price rallies for these cryptocurrencies. The inclusion of these altcoins alongside Bitcoin would mark a pivotal moment in the growing acceptance of digital assets by traditional financial institutions and government entities. As the April 5 deadline looms, all eyes will be on the Treasury and federal agencies to see which assets ultimately make the cut.