US Government To Unveil Crypto Holdings: Will XRP, SOL, ADA Make the List?

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Will XRP, SOL, ADA Make the List? – Crypto News

Published

7 days ago

April 1, 2025

Dripp

The US government’s strategic crypto reserve has been a hot topic of discussion, sparking expert opinions and debates. While President Donald Trump has already signed an executive order for a Bitcoin reserve, the fate of XRP, SOL, and ADA hangs in balance. However, the Trump administration’s upcoming disclosure of its crypto holdings is expected to bring clarity to the inclusion of altcoins in the US reserve.

Notably, the US Department of the Treasury and other government agencies are expected to expose their Bitcoin and other crypto holdings this week. Let’s unveil this crucial move’s potential implications on the US crypto and financial landscapes.

US Government To Disclose BTC and Crypto Holdings

In a recent X post, Bitcoin Magazine CEO David Bailey unveiled a crucial event on April 5, 2025, which is poised to revolutionize the US financial economy. According to Bailey’s post, the US government is set to complete a comprehensive audit of the country’s Bitcoin holdings this Saturday. Bailey said, “Depending on what we learn, might answer many of the open questions about the recent price action.”

The upcoming audit will provide a detailed inventory of the government’s Bitcoin portfolio, held across federal agencies. It will also provide insights into the collection of other cryptocurrencies like XRP, SOL, and ADA. Thus, this audit could also provide clarity into the possibility of including these altcoins in the US crypto reserve.

How Will the Audit Impact the US Crypto Reserve?

For context, President Donald Trump proposed a strategic crypto reserve to include XRP, ADA, and SOL in the US reserve. This development came amid growing speculations of the adoption of Bitcoin as a reserve asset.

Significantly, Trump’s move invoked criticism, with Bitcoin maximalists questioning the legitimacy of other cryptocurrencies to be a national reserve.

Though Trump signed an executive order for establishing a BTC reserve, there is still uncertainty surrounding the altcoin reserve. However, the US government’s decision to reveal its crypto holdings could bring transparency and clarity to the nation’s digital assets. The audit may also shed light on the potential developments within the government and its decision on altcoin reserves.

US Government’s BTC Holdings: A Closer Look

According to Arkham Intelligence data, the US government currently boasts a total of 198,012 BTC worth around $16 billion. As per crypto czar David Sacks’ statement, the US government has seized approximately 400,000 Bitcoin through civil and criminal asset forfeitures over the past decade.

Though the US government’s Bitcoin holdings are well-documented, its altcoin portfolio is still shrouded in uncertainty. Nonetheless, experts believe that the audit has the potential to clarify the government’s altcoin holdings and reserve management strategies.