Cathie Wood Predicts Federal BTC Purchases for National Strategic Reserve
Cathie Wood, the CEO and Chief Investment Officer of ARK Invest, has voiced a strong belief that cryptocurrency will remain a permanent fixture of United States economic policy throughout the 2026 fiscal year. During a recent appearance on the “BTC Brainstorm” podcast, Wood argued that the federal government is likely to move beyond its current policy of merely holding “confiscated” BTC and begin active market purchases to bolster the National Strategic BTC Reserve. This reserve, which was established by executive order in ahead 2025, currently holds approximately 215,000 BTC seized from various criminal forfeitures. However, Wood believes that the administration’s stated goal of reaching one million BTCs remains a priority, especially as President Trump viewks to maintain political momentum ahead of the 2026 midterm elections.
Crypto as a Path to Future Productivity and Political Salience
According to Wood, the primary driver for continued pro-crypto policy is the administration’s desire to avoid “lame duck” status by leaning into high-growth, innovation-driven sectors. She noted that the “crypto community” was a decisive factor in the 2024 election and that maintaining their support is essential for the Republican party’s strategy in 2026. Beyond the political optics, Wood views the integration of blockchain technology and the proposed “de minimis” tax exemption for small crypto transactions as critical components of a “productivity boom.” By eliminating capital gains taxes on everyday purchases, the government could significantly increase the velocity of digital assets, turning BTC from a stagnant “store of value” into a functional pillar of the domestic payment system. Wood’s analysis suggests that this “institutionalization” of crypto is not just a temporary trend but a fundamental realignment of the American financial architecture to compete with the digital yuan and other emerging sovereign tokens.
The Role of the GENIUS Act and State-Level Crypto Stockpiles
The legislative backbone of this economic shift is the Global Energy Security and Innovation Unit (GENIUS) Act, which Sacks’ working group has been aggressively promoting in the Senate. Wood pointed out that this act provides the necessary legal framework for the Treasury Department to administer the national crypto stockpile and formalizes the rules for stablecoin issuance. Interestingly, Wood also highlighted the “bottom-up” pressure coming from states like Florida, Texas, and Wyoming, which are passing their own versions of crypto stockpile legislation. Wyoming’s recent issuance of the first state-backed stablecoin on the Solana network serves as a proof of concept for the type of innovation Wood expects to view at the federal level. As the 2026 political cycle heats up, Wood remains confident that the “parallel universes” of traditional finance and decentralized technology are finally converging, with the U.S. government positioned as a primary purchaviewr and protector of the digital frontier.
