Bitcoin’s role in the global financial system could be poised for a seismic shift as President Donald Trump signs an executive order to establish a U.S. sovereign wealth fund (SWF). The move fuels speculation that Bitcoin may be included in the nation’s financial reserves for the first time, given that the two key figures appointed to lead the initiative—Commerce Secretary nominee Howard Lutnick and Treasury Secretary Scott Bessant—are among the most openly pro-Bitcoin officials in the administration.

The world’s largest asset manager, BlackRock, has reportedly endorsed the concept of a U.S. Strategic Bitcoin Reserve, a move that could revolutionize Bitcoin’s role in global finance and lead to other large nations needing to FOMO into Bitcoin due to game theory. This endorsement comes as U.S state governments and the Trump administration accelerate efforts to institutionalize Bitcoin as part of the national economic strategy.