Polymarket traders predict that Trump's plans to hold reserves in Bitcoin, Ethereum, and Ripple will not be realized in 2025.

Polymarket traders currently believe that the likelihood of the Trump administration’s proposed national cryptocurrency reserve program becoming operational in 2025 is almost zero, indicating that market confidence has completely collapsed. An executive order issued in March this year established a strategic Bitcoin reserve and a U.S. digital asset reserve, with funding sourced from seized assets. Trump later also mentioned Ethereum, Ripple (XRP), Solana, and Cardano. However, the order did not authorize the government to purchase cryptocurrencies, did not allocate any funding, and did not establish any regulatory framework, relying solely on seized assets and vague “budget-neutral strategies.” Analysts question whether the plan can be successfully implemented in the absence of legislative support and foundational infrastructure. In Polymarket contracts, expectations for a fully functional Bitcoin reserve to be established by the end of the year have dropped from over 60% at the beginning of 2024 to 2% in December, with similar declines seen for expectations of Ripple and Ethereum reserves.