This week, the crypto neighborhood has been engaged in discussions relating to President Trump’s newly established Strategic Bitcoin Reserve alongside a U.S. Digital Asset Stockpile. The event follows Trump’s disclosure on Fact Social the weekend prior that XRP, SOL, and ADA would be part of the combination. The peculiar element is that the U.S. authorities has not seized XRP, SOL, or ADA in any acknowledged capability.
Fed Data Reveal Zero Holdings in SOL, ADA, and XRP
After Donald Trump signed the Strategic Bitcoin Reserve Government Order (EO), the nation’s Crypto Czar, David Sacks, turned to X to elucidate a number of particulars in regards to the EO. Sacks careworn {that a} bitcoin reserve could be established and that the U.S. authorities wouldn’t promote any of the confiscated cash it has acquired. He additionally said that Trump’s EO establishes a U.S. Digital Asset Stockpile, “consisting of digital property aside from bitcoin forfeited in prison or civil proceedings.”
Sacks continued:
The federal government won’t purchase extra property for the Stockpile past these obtained by way of forfeiture proceedings.
This places ADA, XRP, and SOL in a precarious place, provided that the U.S. authorities—although by no means publicly confirmed—holds these three property. Onchain analytics and studies fail to point that these specific cash have ever been in authorities custody following earlier seizures. What’s documented is the onchain bitcoin confiscated and publicized by authorities entities over time, with onchain information revealing simply over 198,000 BTC ($16.26B) in state possession.
The U.S. authorities’s cache of digital property on March 9, 2025, based on onchain information compiled by Arkham Intelligence.
The feds possess 60,850 ETH, valued at $122.96 million at present bitcoin trade charges, and this cache is perhaps liquidated for 1,522.86 BTC. As well as, it retains one other 122 million USDT, which might yield roughly one other 1,500 BTC or so. Furthermore, the federal government holds a reserve of wrapped bitcoin (WBTC), securing 750.722 WBTC valued at $61.69 million. Since it’s wrapped, it might stay in that type or be transformed again to native BTC.
The feds additionally maintain 40,293 BNB, price $22.34 million, which may very well be integrated into the stockpile or liquidated for 276.86 BTC. The U.S. businesses’ wallets additional command $13.62 million in BUSD, a now-retired stablecoin that continues to be redeemable. If bought and exchanged for BTC, the feds might garner a further 168.76 BTC. The federal government moreover holds $13.40 in AUSDC, which may very well be exchanged for roughly 166.08 BTC. Collectively, the balances exceeding $1 million (other than AUSDC) quantity to $49.97 million, and if liquidated at present BTC trade charges, might yield 619.27 BTC.
This suggests that if the federal government liquidated each coin from ETH right down to all balances of $1 million and above, it might fetch 5,004.55 BTC. Trump’s Crypto Czar already famous that some crypto property may very well be reallocated into BTC for higher portfolio administration.
