WASHINGTON, DC - JANUARY 23: David Sacks, "AI and Crypto Czar", speaks to President Trump as he signs a series of executive orders in the Oval Office of the White House on January 23, 2025 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)

President Trump's Jan. 23 executive order creates a crypto task force to craft rules and study a national reserve or stockpile of digital assets.

Trump’s executive order establishes a crypto working group to regulate digital assets and explore a Bitcoin strategic reserve.

President Donald Trump took another step toward his promise to make the U.S. the “crypto capital of the planet” on Thursday, signing an executive order aimed at promoting the domestic cryptocurrency sector and exploring the possibility of a new national digital asset stockpile.

Crypto ETPs totaled $1.9 billion in inflows last week amid US President Donald Trump signing an executive order targeting crypto adoption.

President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.

CoinShares Head of Research James Butterfill revealed in a recent report that global digital asset investment products raked in about $1.9 billion in inflows in the past week. Butterfill suggested that President Donald Trump's recent executive orders regarding digital finance development in the country fueled the positive transaction volumes.