Following recent market movements, cryptocurrency assets held by the US government have attracted attention.
Data shows that the total amount of US crypto assets is $242.9 billion, most of which is Bitcoin, with 198,022 BTC worth around $23.44 billion.
The government’s portfolio also includes USDT 347.44 million, 59,951 ETH ($2736 million), 750.7 WBTC ($88.81 million), 40,293 BNB ($33.93 million), and various altcoins.
Here’s the complete list of Altcoin Holdings:
- Tether (USDT) – $347.45 million
- Ethereum (ETH) – $2,73.60 million
- Wrap Bitcoin (WBTC) – $88.81 million
- Binance Coin (BNB) – $33.93 million
- Wrap Ethereum (WETH) – $2375 million
- Wrap BNB (WBNB) – $18.66 million
- Binance USD (BUSD) – $13.49 million
- Aave USDC (AUDC) – $13.47 million
- USD Coin (USDC) – $11.57 million
- Come On – $866 million
- Tron (TRX) – $5.47 million
- UNISWAP (UNI) – $3.29 million
- ChainLink – $2.26 million
- Rendering Token (RNDR) – $1.05 million
- aave (aave) – $104 million
- Sandbox – $954.07 thousand
- Band Protocol (Band) – $724.19,000
- Shiba Inu (Shib) – $709.82
- FTX Token (FTT) – $503.74,000
- Maker (MKR) – $460.42 thousand
- Nexus (Nexus) – $440.15 thousand
- Kyber Network Crystal (KNC) – $303.81 thousand
- Mask Network (Mask) – $165.94,000
- IEXEC RLC (RLC) – $145.444,000
- Curve Dao Token (CRV) – $143.68,000
- Aergo (Aergo) – $118.94 thousand
- Power Ledger (Powr) – $106.74 thousand
US Treasury Secretary Scott Bescent recently revealed to Fox Business that the government will not buy Bitcoin to add it to its existing reserves.
“We won’t buy,” Bescent added that the strategic Bitcoin sanctuary set up by President Donald Trump in March will only increase due to legal seizures.
For months, the Trump administration has been touting the possibility that the government would buy Bitcoin. The prospects have excited investors and predicted both the potential legitimacy that could be provided to cryptocurrency in the eyes of the government, and the potential deflationary impact of large-scale purchases on the price of Bitcoin. But Bessent’s latest statement puts that hope on hold for now.
*This is not investment advice.
