Background

On March 2, 2024, President Donald Trump announced plans to establish a U.S. national strategic crypto reserve that would include Bitcoin, Ethereum, XRP, Solana's SOL token, and Cardano's ADA. This initiative represents a significant shift in U.S. policy toward cryptocurrencies.

The U.S. government already holds approximately $17 billion worth of Bitcoin seized from criminal activities, though these assets may not necessarily be designated as part of the strategic reserve. The exact funding mechanism, timeline for implementation, and initial capitalization amount have not been officially specified.

Resolution Criteria

This market resolves to the option that correctly represents the initial capitalization of the U.S. national strategic crypto reserve when it is officially established and funded. The initial capitalization refers to the total value of cryptocurrency assets designated for the reserve at its launch.

The market will resolve based on official government announcements, Treasury Department reports, or other credible government sources that specify the initial funding amount.

Considerations

The value will be determined based on the cryptocurrency prices at the time of the reserve's official establishment, not subsequent price fluctuations. If the reserve is established in phases with multiple funding rounds, only the first official funding allocation will be considered for resolution.