The United States may consider selling gold to fund Bitcoin reserves, according to the analyst
According to O'Daily, Standard Chartered Bank analyst Jeff Kendrick suggested that the United States might think about selling part of its gold reserves in a budget-neutral manner to fund strategic reserves of Bitcoin. Kendrick pointed out that one option could involve using the Exchange Stabilization Fund (ESF), which holds net assets of $39 billion. He also suggested that under federal leadership, U.S. states and institutional investors, including long-term pension funds, could be encouraged to allocate investments in Bitcoin.
