Deutsche Bank: Trump administration's Bitcoin reserves are more like a reclassification, and there are still many unknowns about how it will work

Marion Laboure, Managing Director and Macro Strategist at Deutsche Bank, said that the Trump administration's Bitcoin reserve is a continuation of many measures in the broader digital asset industry by 2024, and more like a reclassification, nothing new, but there are still many unknowns about how it will operate, as there is no information on the allocation of cryptocurrencies in the reserve, little understanding of the asset portfolio, and not much knowledge of the timetable. Cryptocurrencies as an asset class still have high volatility, and many cryptocurrencies other than Bitcoin and Ethereum still pose certain risks.