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Will Donald Trump Create a Bitcoin Reserve Fund Tomorrow?
As President Donald Trump marks his first 100 days back in office with a rally organized by Securing American Greatness, excitement is growing around whether he will take the historic step of officially adding Bitcoin to the United States' financial reserves. According to the prediction market Polymarket, there is currently a 6% chance that Trump will announce Bitcoin reserves before the 100-day milestone concludes tomorrow. This speculation comes after recent comments from U.S. Secretary of Commerce Howard Lutnick, who appeared on Bitcoin Magazine to discuss the administration's changing stance on digital assets. Lutnick shared about the significant shift from the previous administration's restrictive approach to cryptocurrency, saying, "Under Biden, it was seen as if you did something wrong... Now that is over." Handling Bitcoin Like Gold Lutnick stated that the Trump administration views Bitcoin not as a currency but as a commodity, similar to gold or oil. "It has only a certain amount," he explained. "To me, Bitcoin is like gold... It should be regarded as a commodity." He added that once the United States officially recognizes Bitcoin as a commodity, it could open the door to widespread use, including buying, selling, and holding it as an asset—just like gold. "No one stops anyone from selling oil or gold," he said. "Bitcoin should be the same." Potential Role in Trade and GDP Lutnick also revealed that the Bureau of Economic Analysis is considering the idea of treating Bitcoin similarly to gold in economic statistics, such as trade balance and GDP. Although he did not confirm any official plans, he stated that it is "a good idea" being considered. The Secretary of Commerce emphasized the importance of greater transparency in government data, while suggesting that new classifications may emerge to help Americans understand how Bitcoin fits with national economic figures. Strategic Bitcoin Reserves? Although Lutnick did not confirm whether the United States has held Bitcoin in a strategic reserve, he mentioned that discussions are ongoing. "When the administration wants to provide those answers, we will," he said, but declined to provide details on the holdings or management itself. He reiterated that Bitcoin remains on the administration's agenda and praised Trump's commitment to supporting the cryptocurrency community. "Trump promised to support Bitcoin and he has delivered," Lutnick stated. "After addressing efforts on global trade and peace, Bitcoin will definitely return to the agenda."