A weekend Fact Social put up from President Donald Trump set in movement the primary steps in making a strategic U.S. bitcoin (BTC) reserve, however Polymarket merchants are skeptical that it’ll occur throughout the first 100 days.
As of press time, Polymarket bettors are giving a 23% likelihood {that a} strategic BTC reserve will likely be created throughout the first 100 days of the Trump presidency – or by April thirtieth, 2025.
Guidelines of the contract say that the U.S. authorities might want to particularly maintain bitcoin – and never from confiscation – by 11:59 PM ET on April 29 for this to resolve to sure. Bulletins of the creation of a reserve don’t depend.
Possibilities of a reserve coming true spiked from 11% to 23% within the moments after Trump’s announcement. One other contract that asks if a reserve will likely be created by the top of 2025 at present has a 65% likelihood of resolving to sure.
Initially, Trump’s social media put up asserting the creation of the reserve solely named XRP and SOL as elements of the reserve—which prompted their worth to spike—earlier than clarifying that BTC and ETH would even be included within the reserve.
One of the worthwhile merchants of the 100-day crypto reserve contract is Theo5, which seems to be affiliated with a French dealer who created a sequence of accounts, together with Theo4, to directionally guess on Trump’s victory within the November 2024 election.
Theo5 at present has posted a $40,000 revenue on his no place.
In the meantime, a dealer referred to as Polywog misplaced $73,000 on their sure place and additionally misplaced over $560,000 by incorrectly betting on the result of the 2025 election.