Trump’s Executive Order May Pave the Way for Bitcoin Adoption Through New Sovereign Wealth Fund

On February 4th, COINOTAG reported significant developments in U.S. fiscal strategies as President Donald Trump signed an executive order mandating the Treasury and Commerce Departments to create a **sovereign wealth fund**. This initiative is noteworthy given Treasury Secretary **Steven Mnuchin**’s prior interest in **cryptocurrency**, coupled with the Commerce Secretary nominee **Howard Lutnick**’s strong advocacy for the sector. Both officials have highlighted the fund’s potential to diversify national financial assets. Although the executive order did not explicitly reference **Bitcoin**, experts speculate that the fund could serve as a strategic vehicle for government investments in digital currencies. The establishment of this fund within the next **12 months** may enhance the U.S.’s position in the evolving **crypto market** and underscores the administration’s growing recognition of **blockchain technology** as a viable financial instrument.