The betting odds for US President-elect Donald Trump establishing a strategic Bitcoin reserve have surged ahead of his inauguration on January 20. On Kalshi, a derivatives exchange, bettors assign a nearly 70% likelihood that Trump will create a US Bitcoin reserve by 2026, while Polymarket estimates a 42% chance he'll do so within his first 100 days. These odds have risen approximately 20% since early January. Trump has previously expressed his commitment to making the US a global crypto capital, announcing plans for a Bitcoin reserve during the Bitcoin 2024 conference. Also, US Senator Cynthia Lummis has introduced legislation aiming to create a Bitcoin reserve by directing the Treasury Department to acquire 1 million BTC over five years. With Trump's recent openness to include a wider range of cryptocurrencies, including USD Coin, Solana, and XRP, there is growing optimism in the crypto community. Analysts predict that the establishment of a Bitcoin reserve could have greater long-term impacts than even the anticipated Bitcoin ETF launches in 2024.

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