Industry insiders: Trump's establishment of a sovereign wealth fund may hope to acquire Bitcoin without bureaucracy

Golden Finance reported that US President Trump has signed an executive order to establish a sovereign wealth fund. Danny McCabe, CEO of Flexa, pointed out: "Given the United States' clear support for digital assets, the sovereign wealth fund is likely to include Bitcoin, and may even include other "Made in the USA" digital assets with real economic utility, such as Ethereum. The inclusion of these digital assets will not only provide greater stability for the US economy, but will also be a major leap for the United States to become a leader in the field of digital assets." Austin King, co-founder of Omni Network, said that Trump's establishment of a sovereign wealth fund may be an alternative to acquire Bitcoin without a bureaucracy.