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'I'm a Big Crypto Guy': Trump Fields Bitcoin Question as $1,000 Trump Accounts Go Live
President Donald Trump declared himself “a big crypto guy” when asked whether bitcoin could be added to the newly launched Trump Accounts, as he rang the market opening bells from the Oval Office.
Key Takeaways
A Bell-Ringing Launch and a Bitcoin Question
President Trump rang the opening bells of both the New York Stock Exchange and the Nasdaq remotely from the Oval Office on Monday, marking the first day of trading for Trump Accounts, the government-seeded investment accounts for American children created under the 2025 tax-and-spending law.
The crypto moment came from the press pool when a reporter asked whether there are plans to put bitcoin in the Trump Accounts opened for every new child born in the United States. Trump replied:
The president did not elaborate, and no digital asset component has been announced for the program. But the exchange instantly caught the attention of a crypto industry that has watched Trump lean into the sector, from his warning that China would seize the crypto lead if Washington steps back to a financial disclosure showing at least $1.4 billion in crypto-related earnings.
How the Accounts Work
The accounts are free to open for every U.S. citizen under 18, and children born between Jan. 1, 2025, and Dec. 31, 2028, receive an automatic $1,000 seed investment from the federal government. The funds are invested in stock index funds and cannot be withdrawn until the child reaches adulthood, with parents able to enroll at trumpaccounts.gov.
The White House said more than six million Trump Accounts had already been requested at launch, with over 86% coming from families earning less than $200,000 a year. Between individual contributions and the federal seed money, the administration expects $800 million in new capital to flow into the stock market for children this week.
Corporate America has signed on as well, with more than 50 companies committing to making Trump Account contributions for their employees’ children, joining a gift from philanthropists Michael and Susan Dell. SpaceX president Gwynne Shotwell announced she would donate shares of SpaceX to more than two million accounts. The U.S. Treasury had earlier opened the program to stock donations, as Bitcoin.com News reported, and the Securities and Exchange Commission (SEC) amplified the launch with an “accounts are live” post on X.
Could Bitcoin Actually Make It In?
As things stand, the answer is no, as the program’s rules confine investments to diversified stock funds, and adding a volatile digital asset would require regulatory or legislative changes. That is what makes Trump’s four-word reply notable, given he declined the easy opportunity to rule it out.
The president’s affinity for the industry is well documented as his administration has established a strategic bitcoin reserve, signed a ban on a central bank digital currency ( CBDC) into law, and pushed Congress to pass digital asset market structure legislation. A bitcoin allocation inside a government-backed children’s savings scheme would be a step beyond any of those (effectively giving tens of millions of Americans crypto exposure from birth).