President Trump wrote on the social media platform Truth Social that his executive order in January regarding digital assets will create a currency reserve including bitcoin (BTC), ether (ETH), Ripple (XRP), solana (SOL), and cardano (ADA). These names had not been announced before, according to Reuters.

More than an hour later, Trump added: "And clearly BTC and ETH, as valuable digital currencies, will be the focus of the reserve."