In a significant shift for U.S. cryptocurrency policy, President Trump has signed an executive order establishing a federal Bitcoin reserve. This reserve will utilize only assets seized from illicit activities, to appease critics who were concerned about potential market manipulation. While this strategy aims to ground the reserve in legally obtained assets, it has sparked disappointment among investors eager for more proactive government purchases of Bitcoin. As stakeholders digest this news, reactions vary. Some see this as a modest but crucial step toward formal recognition of Bitcoin in the financial ecosystem. Others remain apprehensive about what this means for the future of digital assets in governance. How this newfound reserve will influence Bitcoin’s value remains uncertain, but it is clear that the conversation around crypto governance is evolving.