Coinbase CEO Urges Bitcoin-Only US Reserve, Proposes Crypto Index Backup
Coinbase CEO Brian Armstrong endorses a Bitcoin-only US strategic reserve, calls it the simplest and best option.
He’s responding to former President Donald Trump’s announcement of a crypto reserve to make the US the global leader in digital assets.
On X (formerly Twitter) March 2, Armstrong tweeted:
Option 1: Only hold Bitcoin (BTC) in the reserve, it’s the most established and secure cryptocurrency.
Option 2: If you need diversification create a market cap weighted index of top cryptocurrencies.
Despite proposing an index as an alternative Armstrong says a Bitcoin only reserve is the easiest and most efficient.
JUST IN: Coinbase CEO Advocates Bitcoin-Only US Reserve, Suggests Crypto Index as Backup Plan: Coinbase CEO Brian Armstrong advocates for a bitcoin-only U.S. reserve, calling it the simplest option, but suggests a crypto index as an alternative for diversification. Coinbase CEO… pic.twitter.com/EFhvOKbUL2
— Rogue (@RogueBigFootX) March 4, 2025
Trump’s Vision: A Multi-Crypto Reserve?
Armstrong’s comments follow a post by David Sacks, White House AI and Crypto Czar, who confirmed Trump’s reserve will include Bitcoin and other top cryptocurrencies.
Sacks stated:
“President Trump announced a crypto strategic reserve consisting of Bitcoin and other top cryptocurrencies. This aligns with his Week-One E.O. 14178, making the US the ‘Crypto Capital of the World’. More details at the upcoming summit.”
While details are scarce, early reports suggest the reserve will include:
Bitcoin (BTC) – The leading cryptocurrency and Armstrong’s favorite.
Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA) – Other top digital assets being considered.
2/ 🔥 Coinbase CEO Brian Armstrong Advocates Bitcoin-Only Reserve
Coinbase CEO Brian Armstrong argues that #Bitcoin is the only asset suitable for a US crypto reserve, dismissing Ethereum and other cryptos as too unreliable for such a role.#BTC #Coinbase #BitcoinOnly pic.twitter.com/pGAyT0x0g5— Chart Pilgrim (@chart_pilgrim) March 3, 2025
Upcoming Summit to Define Policy
Sacks will chair the White House’s first ever crypto summit this week where officials will outline the structure and purpose of the reserve. Topics will include:
Bitcoin vs other digital assets in national reserves
Regulatory frameworks for institutional adoption
Market impact and global positioning
A US crypto reserve is a big shift in national policy, and will increase the focus on digital assets at the federal level. The summit will clarify how this will impact crypto regulation, investment and adoption.
ABOUT THE AUTHOR
See More
Sidebar rates
Related Posts
SaveAdd 3440
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals