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Trump's Treasury Nominee Scott Bessent to Divest $500,000 Bitcoin ETF Holding

Jan 12, 2025, 10:47 AM

Incoming U.S. Treasury Secretary Scott Bessent, nominated by President Donald Trump, has disclosed that he holds up to $500,000 in a BlackRock Bitcoin ETF. Bessent plans to divest from this investment before taking office. His personal exposure to Bitcoin through the ETF has sparked discussions about the stance of high-level government officials on cryptocurrency.

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Will Bitcoin experience significant volatility post-Bessent divestment by Mar 31, 2025?

Scott Bessent•Donald Trump•BlackRock Bitcoin•Bessent•Bitcoin•ETF

Resolution / Starting Odds

No • 50%

Yes • 50%

Bitcoin market data from major financial news outlets or cryptocurrency exchanges

Will Scott Bessent divest from Bitcoin ETF before taking office by Feb 28, 2025?

Scott Bessent•Donald Trump•BlackRock Bitcoin•Bessent•Bitcoin•ETF

Resolution / Starting Odds

No • 50%

Yes • 50%

Public financial disclosures or official statements from Scott Bessent or the U.S. Treasury Department

Will the U.S. Treasury release a cryptocurrency policy statement under Scott Bessent by June 30, 2025?

Scott Bessent•Donald Trump•BlackRock Bitcoin•Bessent•Bitcoin•ETF

Resolution / Starting Odds

Yes • 50%

No • 50%

Official U.S. Treasury Department website or press release

How will Bessent's divestment influence U.S. crypto regulations by Dec 31, 2025?

Scott Bessent•Donald Trump•BlackRock Bitcoin•Bessent•Bitcoin•ETF

Resolution / Starting Odds

Leads to stricter regulations • 25%

Other outcome • 25%

No significant impact • 25%

Leads to more lenient regulations • 25%

Reports from U.S. government hearings, official statements, or major financial news outlets

How will Bitcoin price react to Bessent's divestment by Mar 31, 2025?

Scott Bessent•Donald Trump•BlackRock Bitcoin•Bessent•Bitcoin•ETF

Resolution / Starting Odds

Price decreases by over 10% • 25%

Other outcome • 25%

Price increases by over 10% • 25%

Price remains stable (+/- 5%) • 25%

Bitcoin price data from major cryptocurrency exchanges or financial news outlets

How will public opinion shift on officials' crypto investments by Sep 30, 2025?

Scott Bessent•Donald Trump•BlackRock Bitcoin•Bessent•Bitcoin•ETF

Resolution / Starting Odds

Other outcome • 25%

Increase in support for involvement • 25%

Decrease in support for involvement • 25%

No significant change • 25%

Public opinion polls or surveys conducted by reputable organizations