Trump's Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27

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Trump's Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27

An asset manager discusses the potential for Bitcoin to become a strategic reserve asset of the US government under a future Trump administration. Revolut secures a UK banking license after a three-year wait, marking a significant milestone for the London-based fintech company. India's Narcotics Control Bureau actively monitors cryptocurrency payments on the darknet to combat drug trafficking in the country.

BlackRock's spot Bitcoin exchange-traded fund records significant inflows, with over $523 million entering the fund on July 23. United States Ether exchange-traded funds post net inflows of $106.6 million on their first day of trading, despite outflows from Grayscale's Ethereum Trust. Asset manager Bryan Courchesne discusses the challenges and possibilities of adopting Bitcoin as a reserve asset for the US government under a potential future Trump administration.

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