Learn to understand what an ETF is in three minutes.

On March 2, 2025, Trump announced on his self-created social media platform 'Truth Social' that five cryptocurrencies—Bitcoin, Ethereum, Ripple (XRP), Solana (SOL), and Cardano (ADA)—would be included in the United States' new cryptocurrency strategic reserve.

On March 6, local time, David Sachs, the U.S. cryptocurrency affairs chief, posted on social media that Trump signed an executive order to establish a strategic Bitcoin reserve.

These events propelled Bitcoin's price to break $70,000 in March 2024 and reach an all-time high of about $112,000 in May 2025. The listing of the ETF not only provided investors with a compliant investment channel for Bitcoin but also accelerated institutional funds entering the cryptocurrency market.