Axios: The top five assets of the Bitwise 10 Index Fund are the same as the five Crypto Assets in the strategic reserve.

PANews reported on March 7 that according to Axios, U.S. Senator Elizabeth Warren wrote to David Sacks, in charge of encryption and artificial intelligence affairs in the Trump administration, requesting the disclosure of information on potential conflicts of interest and transparency in the policy-making process. Warren questioned whether policymakers could profit from deep government support for the blockchain industry. She specifically pointed out that Sachs was a partner at Craft Ventures, which invested in Bitwise, whose top five assets (BTC, ETH, SOL, XRP, ADA) are the assets planned to be included in the strategic reserves of the Trump administration. After Trump announced the strategic Bitcoin reserves, the market briefly rose by 300 billion U.S. dollars, but then plummeted due to the government’s statement that it would not purchase additional assets. Warren demanded that Sachs publicly disclose its financial reports to prove that it has exited relevant investments and to disclose whether policymakers had any related transactions before the announcement. It is worth noting that BitwiseCEO confirmed yesterday that David Sacks, the head of AI and encryption at the White House in the United States, has sold his stake in the company. David Sacks also stated that he has sold his Multicoin holdings and liquidated all encryption assets.