Cathie Wood predicts President Trump will advocate for a de minimis tax exemption on crypto transactions in 2026 and initiate the U.S. Strategic Bitcoin Reserve, targeting 1 million BTC, leveraging seized Bitcoin rather than open-market purchases.
Nut Graph: Cathie Wood’s remarks highlight potential changes in U.S. crypto policy under Trump’s administration, influencing both markets and strategic reserves.
In a recent discussion, Cathie Wood of ARK Invest stated that President Trump aims to pass a de minimis tax exemption for small crypto transactions in 2026. Wood mentioned the U.S. government’s intention to create a 1 million BTC strategic reserve.
This reserve plan, initiated by an executive order in March 2025, signals a major shift in the U.S. Bitcoin strategy. Wood also noted that the current reserve consists mostly of seized BTC, not market acquisitions.
The implementation of these policies could lead to significant shifts in market dynamics. Small crypto transactions may become tax-exempt, encouraging more widespread use of digital currencies in daily transactions. This policy intention, coupled with planned BTC acquisitions, suggests an institutional push towards mainstream adoption and integration of Bitcoin into financial systems.
Financial implications of these initiatives are considerable. A de minimis exemption could directly impact assets like BTC and ETH by altering tax treatments. If successful, this may boost daily crypto transactions and enhance liquidity, benefiting DeFi protocols integrating Bitcoin. Additionally, the planned strategic reserve underscores Bitcoin’s growing importance in national policymaking.
This possible transition aligns with historical precedents like gold reserve accumulation, signaling potential for long-term price impacts. Institutional inflows and recent actions by entities like Tether suggest a bullish outlook. Strategic buying of 1 million BTC could lead to increased market stability and adoption.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
