Trump Administration Proposes U.S. Digital Asset Stockpile

The Trump administration’s proposal for a U.S. digital asset stockpile would include coins like Ethereum and Solana, according to Jim Iuorio.

While Bitcoin’s inclusion in the Bitcoin (BTC) strategic reserve might not surprise many, the addition of Ethereum (ETH) and Solana (SOL) has caught some investors off guard. Their inclusion is logical due to the unique advantages each offers in the blockchain space.

Iuorio, Managing Director at TJM Institutional Services, noted on Bloomberg TV that Ethereum’s smart contract capabilities and Solana’s superior transaction speeds enhance their attractiveness as assets.

> “Ethereum has been praised for its smart contract functionality, which powers a wide range of decentralized applications,” Iuorio explained. “Meanwhile, Solana’s ability to process transactions at higher speeds than most other networks likely contributes to its massive 1,500% rally from late 2023 to January 2025.”

Similarly, Bitcoin gained 300% during the same time frame, while Ethereum rose by just 160%. Naturally, Solana’s performance has become the envy of the group, promoting the creation of new Solana-focused trading products as investors pursue superior returns in the crypto space.

> “The CME Group’s introduction of a Solana futures contract reflects growing market confidence in the coin’s long-term potential,” Iuorio stated. “The ability to hedge risk through futures is a significant step in legitimizing both Solana and the broader crypto market.”

Why It Matters

This proposal indicates a shift towards broader acceptance of crypto assets beyond the most valuable and popular cryptocurrency. Once implemented, the reserve would stimulate institutional interest and investment in Ethereum and Solana. Iuorio emphasized, “Any step forward in the ability to hedge risk is important in validating the coin and the technology it brings to the arena.”

Trump’s proposal highlights the growing recognition of blockchain’s evolving landscape and the strategic role diverse digital assets could play in the financial system.