Key takes
- President Trump has ordered the establishment of a US Sobulinwealth Fund within one year.
- Under the Bitcoin supporter Howard Rutonic, you can guess a fund that may invest in Bitcoin.
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President Donald Trump signed the Presidential order on Monday and instructed the Ministry of Finance and the Ministry of Commerce to establish a Sobelin Wells Fund next year.
This movement caused speculation about whether the fund could be used as a means of acquiring Bitcoin by the US government.
The Presidential Order has little details about how the fund is operated or raised, but Trump has expressed optimism about its possibilities.
According to Reuters, Trump told reporters and added, “I had a Sobulin Wealth Fund in this country.”
Trump suggested that the United States could raise funds through customs duties and other income sources, despite the budget deficit.
The recent announcement of tariffs has shocked the market. Bitcoin fell below $ 91,000 on Sunday in the fear of a fee. However, Bitcoin recovered and climbed over $ 100,000.
The Candidates of the Commerce Secretary Howard Lutonic have been added to the cryptographic speculation.
Cantor Fitzgerald's CEO Lutnick is a famous Bitcoin advocate, and his company is a large -scale custodian with US government securities.
He also publicly discloses personal exposure to bitcoin, further enhancing funds on the fundamental investment strategy of funds.
Senator Cynthia Ramis, a Bitcoin vocal supporter, suggested that this is a medical treatment, suggesting that Sobulin Wealth Fund would be useful as a mechanism for the accumulation of bitcoin in the United States. 。
Scott Bessent said that the fund would be operated within the next 12 months, and the government plans to recruit the U.S. -lending and borrowing co -lights.
He emphasized that this strategy could include a combination of fluid assets and domestic resources.
Trump also mentioned the possibility of acquiring Tiku using a fund.
“We're probably going to do something with Tactoku,” he said. “If we do the right transaction, we will do it. Otherwise, we may put it into the Soblinwealth Fund.”
This initiative is expanding Trump's campaign proposals to use the Sobrignwealth Fund for infrastructure projects, manufacturing, and medical research.
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