A legislative proposal currently being drafted could open a new chapter for Bitcoin in the United States. If adopted, it would allow American sovereign wealth funds to invest directly in the cryptocurrency, a prospect that would permanently reshape the global financial landscape.
An unprecedented institutional opening
- Public capital ready to take a position: Until now, American sovereign wealth funds had their hands tied when it came to purchasing digital assets. The bill under discussion aims to change this by giving them the ability to buy, hold, and conserve Bitcoin as a strategic reserve.
- A strong signal to the markets: Such a measure would have major psychological and financial effects. It would send a clear message: the United States recognizes Bitcoin as a legitimate asset, like gold or Treasury bonds. This official validation could sway many still reluctant institutional investors.
A vision championed by influential figures
- Support from former political and financial figures: The project benefits from the support of figures from both the political world and traditional finance, who see it as an opportunity to strengthen American economic sovereignty in an uncertain geopolitical context.
- Bitcoin as a strategic reserve asset: Beyond speculation, the idea is to position Bitcoin as an alternative reserve asset, capable of diversifying government portfolios in the face of risks related to the dollar, inflation, and international tensions.
Opportunities and threats
Opportunities:
- Massive influx of public capital into the crypto market
- Strengthening American leadership in digital finance
Threats:
- Political or regulatory opposition likely to block the initiative
- Potential increase in volatility if the announcement triggers speculative movements
Conclusion
Opening up American sovereign wealth funds to Bitcoin would represent a major upheaval. This decision, if implemented, would confirm Bitcoin’s entry into the sphere of strategic assets recognized by governments. A transition that could mark a before and after in the history of cryptocurrencies.
