Trump’s advisor considers swapping Fort Knox gold for Bitcoin, aiming for a digital asset shift.

Bitcoin continues to gain traction in the U.S. political landscape, with President Donald Trump’s top crypto advisor, Bo Hines, showing openness to a bold idea—swapping Fort Knox gold reserves for Bitcoin.

President Donald Trump’s administration is open to discussing the possibility of swapping Fort Knox gold reserves for Bitcoin, according to the president’s advisor, Bo Hines.

The administration is also considering supporting other altcoins beyond Ethereum, XRP, Solana, and Cardano, which Trump previously mentioned in his first national crypto reserve statement.

President Trump’s administration is open to discussing the possibility of swapping Fort Knox gold reserves for Bitcoin, provided it remains budget-neutral, a presidential advisor has revealed.

The administration is also considering supporting other altcoins beyond Ethereum, XRP, Solana, and Cardano, which Trump previously mentioned in his first national crypto reserve statement.

Trump’s advisor, Bo Hines, touched upon the administration’s stance on digital assets and its potential role in the U.S.

The conversation began with Eleanor Terrett, a FOX Business journalist, mentioning President Trump’s vision for a national Bitcoin reserve. Senator Cynthia Lummis has consistently advocated for this concept, proposing to sell a portion of the Federal Reserve’s gold certificates to acquire Bitcoin.

Lummis’s 2024 BITCOIN Act suggested purchasing 1 million BTC, roughly 5% of Bitcoin’s circulating supply. While her initial bill did not gain traction, she recently mentioned it again at a Bitcoin conference.

Lummis’s proposal aligns with Trump’s initiative to create a national crypto reserve, aiming to diversify the country’s assets beyond traditional markets.

During the interview, Terrett questioned Hines about the administration’s stance on altcoins. Trump previously named Ethereum, XRP, Solana, and Cardano as assets that could be included in the crypto reserve.

However, Hines noted that the administration is open to supporting other altcoins. He explained that these four assets were chosen due to their market dominance at the time of the announcement.

“We’re not limited to those four. We’re open to discussing the inclusion of other assets, taking into account factors such as market cap and adoption.”

suggest that the administration is exploring various options for expanding the crypto reserve.