3 days ago · Appearing alongside Trump in the Oval Office Monday, Bessent said he expected the sovereign wealth fund to be created in the next 12 months. While bitcoin reportedly was not mentioned at the ...

1 day ago · If bitcoin is used as a reserve asset within the sovereign wealth fund, it would represent a seismic transformation in U.S. financial policy, one that could legitimize crypto at the highest level ...

2 days ago · The world’s largest asset manager, BlackRock, also spoke recently about sovereign wealth fund purchases of Bitcoin and their potential to drive the asset’s price up to $700,000.

3 days ago · On one hand, it is true that some of the world’s top state-run wealth funds have substantial exposure to crypto generally, and Bitcoin specifically. Norway’s sovereign wealth fund, the largest on Earth, indirectly holds nearly $400 million worth of Bitcoin, according to K33 Research. Abu Dhabi’s sovereign wealth fund, another goliath ...

1 day ago · These funds are typically backed by foreign exchange reserves, surplus government revenues, or commodity exports. The U.S. is one of the few major economies without a sovereign wealth fund. Meanwhile, some of the largest sovereign funds globally manage trillions in assets: Norway’s SWF (Norges Bank Investment Management) : $1.8 trillion ...

1 day ago · “I believe a United States sovereign wealth fund is the perfect vehicle for bitcoin ownership outright and investment in bitcoin infrastructure,” Nik Bhatia, an adjunct professor of finance ...

1 day ago · Regulators · Bitcoin. ... Trump signed an executive order to establish the first-ever U.S. sovereign wealth fund on Monday. Anna Moneymaker—Getty Images. Rankings. 100 Best Companies;

2 days ago · Traditionally, sovereign wealth funds prioritize stability and liquidity, favoring assets like equities and government bonds. Bitcoin, while increasingly regarded as a store of value, remains ...

2 days ago · Wyoming Senator Cynthia Lummis posted to X after the EO signing to hint that the sovereign wealth fund could be used to buy BTC. Bitcoin ... Following coverage of the sovereign wealth fund EO, the ...

2 days ago · President Donald Trump signed an executive order on Monday, instructing the Treasury and Commerce Departments to create a sovereign wealth fund within the next year. The move has sparked speculation about whether the fund could be used as a vehicle for US government Bitcoin acquisitions. While the ...