Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
signed an executive order to create a U.S. Sovereign Wealth Fund, a move that could reshape the nation’s economic future. Howard Willaim Lutnick, a close ally of Trump, is expected to play a leading role in the fund’s development. Lutnick, who Trump is likely to nominate for Secretary of Commerce, could have a major influence on how the fund is set up.
Curious? Keep reading to find out how these pieces fit together.
Cantor Fitzgerald’s Bold Move
An intriguing post by Cory Bates on X (formerly Twitter) highlights Cantor Fitzgerald’s recent actions. Bates shared that the firm, once led by Lutnick as CEO, has increased its holdings in Strategy by at least 20% this quarter. Strategy is known for its aggressive Bitcoin investment strategy, making this move noteworthy.
Could this increase in holdings be linked to Lutnick’s expected role in the U.S. Sovereign Wealth Fund?
Who Is Lutnick?
Lutnick has been a key supporter of Trump for years, serving as a major fundraiser for Trump’s 2020 and 2024 presidential campaigns. He also co-chaired Trump’s 2024 presidential transition team. Given their close relationship, Lutnick’s involvement in the creation of the Sovereign Wealth Fund seems like a natural next step in his business and political career.
The Executive Order: What It Means for America’s Economy
On February 3, 2025, the White House released an executive order directing the establishment of the U.S. Sovereign Wealth Fund. The order aims to make sure the country’s national wealth is used to benefit all Americans.
According to the press release, the fund is designed to promote fiscal sustainability, reduce the tax burden on American families and small businesses, ensure economic security for future generations, and strengthen the U.S.’s economic leadership globally.
The order calls on the Secretary of the Treasury and the Secretary of Commerce to submit a plan for setting up the fund within 90 days. This plan will outline key areas such as funding, investment strategies, the structure of the fund, legal considerations, and how it will be managed.
According to Bates’ X post, Cantor Fitzgerald increased its holdings in Strategy by 20% this quarter.
It is clear that Bates suspects that the firm’s investment decisions might be informed by insider knowledge or strategic foresight related to Lutnick’s position with the newly proposed Sovereign Wealth Fund.
Howard Lutnik of Cantor Fitzgerald was recently tapped to run the US Sovereign Wealth Fund for Trump. It’s worth noting that Cantor Fitzgerald increased its $MSTR holdings by 20% this quarter. Massive move. What does he know? pic.twitter.com/pua7PXJQ9R
Strategy is one of the largest corporate holders of Bitcoin, currently holding 478,740 BTC, worth over $46 billion. The company’s stock (MSTR) has been performing well lately, with a 1.37% increase in the past five days and a 3.94% surge in just the last 24 hours.
This growth could be a sign of things to come as the U.S. Sovereign Wealth Fund starts to take shape.
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The post Lutnick’s Role in Trump’s U.S. Sovereign Wealth Fund Revealed: What Does It Mean for Bitcoin? appeared first on Coinpedia Fintech News
Earlier this month, U.S. President signed an executive order to create a U.S. Sovereign Wealth Fund, a move that could reshape the nation’s economic future. Howard Willaim Lutnick, a close ally of Trump, is expected to play a leading role in the fund’s development. Lutnick, who Trump is likely to nominate for Secretary of Commerce, …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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