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Will Scott Bessent divest from Bitcoin ETF before taking office as Treasury Secretary?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official financial disclosures and public statements by Scott Bessent or relevant authorities
Story
Scott Bessent Discloses $500,000 Bitcoin ETF Holdings and $521 Million Portfolio as Incoming Treasury Secretary
Jan 12, 2025, 04:32 PM
Scott Bessent, the nominee for U.S. Treasury Secretary under President Donald Trump, has disclosed personal holdings of up to $500,000 in BlackRock's Bitcoin ETF. Bessent plans to divest from this investment before officially taking office. His portfolio, valued at approximately $521 million, includes various global assets and reflects a growing institutional interest in cryptocurrencies. The disclosure has sparked discussions regarding the implications of having a Treasury Secretary with direct exposure to Bitcoin, suggesting a potential shift in the government's approach to digital assets. Bessent's comments indicate that he believes a significant realignment in global policy and trade is on the horizon.
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No • 50%
Yes • 50%
Yes • 50%
No • 50%
Other government role • 25%
U.S. Treasury Secretary • 25%
Retirement • 25%
Private sector role • 25%
Mixed Reaction • 25%
No Significant Change • 25%
Negative Reaction • 25%
Positive Reaction • 25%