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Trump’s Bitcoin Reserve Shouldn’t Include Altcoins – ‘Miscalculation,’ Says Bitwise

  • US President Donald Trump's decision to include a variety of altcoins alongside Bitcoin in the newly formed Crypto Strategic Reserve has faced criticism from industry leaders and experts.
  • Bitwise's Head of Alpha Strategies, Jeff Park, called it a 'huge political miscalculation' and stressed the importance of focusing solely on Bitcoin as the premier digital store of value.
  • Bitwise CEO, Hunter Horsley, noted that the term 'reserve' implies a focus on stability and global recognition, which are features largely attributed to Bitcoin rather than newer assets.
  • Other industry figures, including Coinbase CEO Brian Armstrong and Lightspark CEO David Marcus, expressed their preference for Bitcoin as the primary asset in the reserve.

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