News View Non-AMP

Trump’s New Sovereign Wealth Fund: Will Bitcoin Join the Portfolio?

Published by
Nidhi Kolhapur

President Donald Trump recently signed an executive order, directing the U.S. Treasury and Commerce Departments to create a sovereign wealth fund (SWF). The announcement was made on Monday in the Oval Office, where Trump emphasized the potential of this new initiative.

Here’s everything you should know.

Key Leaders Appointed to Lead the Fund

Trump appointed Treasury Secretary Scott Bessent and Commerce Secretary nominee Howard Lutnick to lead the effort to establish the fund.

“We’re going to stand this thing up within the next 12 months. We’re going to monetize the asset side of the U.S. balance sheet for the American people,” Treasury Secretary Scott Bessent told reporters. “There’ll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people.”

U.S. Joins the Big Ranks

The creation of this fund positions the U.S. alongside countries like Norway and Saudi Arabia, which have successfully used sovereign wealth funds for global investment. This move is seen as a way to boost the U.S.’s economic influence both within the country and internationally.

However, questions remain about how the fund will be financed, managed, and what its investment priorities will be, especially given the nation’s large national debt.

Will Trump Purchase TikTok?

Trump also mentioned that the new sovereign wealth fund could be used for acquisitions, including buying TikTok. The app, which has around 170 million users in the U.S., was temporarily taken offline after a law required its Chinese owner, ByteDance, to sell or face a ban. Trump had delayed the law’s enforcement with an executive order that pushed its deadline to January 19.

Trump stated that discussions with potential buyers are ongoing, and a decision about TikTok’s future could come in February.

What is a SWF & is Bitcoin in It?

A Sovereign Wealth Fund (SWF) is a state-owned investment fund that holds assets like stocks, bonds, real estate, and other financial instruments. Governments create these funds to meet specific economic goals, often using revenues from budget surpluses, foreign currency operations, privatizations, or resources like oil.

Although Bitcoin and other digital assets were not specifically mentioned in the executive order, the establishment of this sovereign wealth fund raises the possibility of the U.S. government investing in cryptocurrencies, including Bitcoin.

If that happens, it could mark a major shift in the government’s involvement in the crypto space.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Top Two Low-Cap Altcoins To Buy in 2025

As crypto eyes another bull run heading into 2025, investors are on the hunt for…

July 27, 2025

XRP Price Prediction For July 27

XRP is taking a breather after a volatile few weeks. Despite a sharp rally followed…

July 27, 2025

Bitcoin, Ethereum, XRP Price Prediction for Next Week (28th July – 2nd Aug 2025)

The crypto market continues to gain traction, adding 0.76% to reach a $3.89 trillion market…

July 27, 2025

Crypto News Today: Bitcoin Eyes $132K After Holding Above $118K

Bitcoin is holding steady above $118,000 despite the recent ups and downs in the market.…

July 27, 2025

Can XRP Price Hit Four Digits in 2025?

Could XRP really reach $1,000? While this may sound far-fetched to many, Jake Claver, director…

July 27, 2025

XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch

The crypto market is starting to go more mainstream, especially after the new GENIUS Act…

July 27, 2025