Amidst a rapidly evolving crypto landscape, President Trump’s recent executive order to create a Strategic Bitcoin Reserve marks a pivotal moment for the asset. Matt Hougan, CIO of Bitwise, emphasizes that this order eliminates the last existential risks for Bitcoin, bolstering its legitimacy as a potential safe haven asset. “And just like that, the last existential risk facing bitcoin disappeared before my eyes,” Hougan stated, reflecting a significant shift in institutional attitudes towards Bitcoin.
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