On December 18, 2024, the draft of the presidential executive order titled 'Strategic Bitcoin Reserve' drafted by the U.S. Bitcoin Policy Institute circulated widely within the industry. The full name of this executive order is 'Executive Order on Designating Bitcoin as a Strategic Reserve Asset in the Foreign Exchange Stabilization Fund.' According to reports, if Trump signs it on his first day in office, the executive order will take effect, meaning the U.S. will officially establish a strategic Bitcoin reserve.