On February 3, 2025, President Donald Trump signed an executive order directing the creation of a U.S. sovereign wealth fund. While the order did not explicitly mention cryptocurrencies, industry experts speculate that the fund could invest in assets like Bitcoin. Austin King suggested that the initiative might aim to "acquire Bitcoin without the bureaucracy." Given that Commerce Secretary Howard Lutnick is a known Bitcoin advocate, there is further speculation about potential crypto investments. However, official statements have not confirmed any specific plans regarding cryptocurrency investments.