A framework for the U.S. crypto reserve is set to be unveiled at the White House's first-ever Crypto Summit on Friday, according to The Pavlovic Today.
Bitcoin to be treated differently from altcoins in US crypto reserve
3/5/2025
Commerce Secretary Howard Lutnick confirmed that President Trump is particularly focused on a Bitcoin strategic reserve, while other cryptocurrencies will be treated favorably but under different guidelines.
"The President definitely thinks there should be a Bitcoin strategic reserve," Lutnick reportedly told the outlet. "The question now is how to handle other cryptocurrencies. I think that model will be revealed on Friday at the summit."
Lutnick hinted that Bitcoin would receive a special status under Trump's plan.
"A Bitcoin strategic reserve is something the President has been interested in for a long time. He spoke about it frequently on the campaign trail, and I think you’ll see it take shape on Friday," Lutnick said. "Bitcoin is one thing, and the other crypto tokens will be treated differently—positively, but differently."
The White House Crypto Summit will be led by Trump’s Crypto Czar David Sacks and Presidential Working Group on Crypto Executive Director Bo Hines. Industry heavyweights like Michael Saylor (MicroStrategy co-founder), Brian Armstrong (Coinbase CEO), Arjun Sethi (Kraken co-CEO), and Sergey Nazarov (Chainlink co-founder) are expected to attend.
On Sunday, Trump announced that he had instructed a working group to move forward on a U.S. Crypto Strategic Reserve, following his January executive order. The reserve would initially include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA)—prompting those assets to surge between 10% and 70% from last week’s lows.
However, crypto markets quickly reversed course on Monday, with Bitcoin dropping over 10% and Ethereum falling more than 15% after Trump announced new tariffs on imports from Canada, Mexico, and China, triggering risk-off sentiment that erased the reserve-related gains.
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