US Government Holds About $20 Billion in Bitcoin and Ether

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US Government Holds About $20 Billion in Bitcoin and Ether
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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The US government holds roughly 306,790 BTC and 17,430 ETH, worth about $20.28 billion. Most of the coins came from forfeitures, and current reserve policy says Bitcoin is held rather than sold.

The US government is sitting on roughly 306,790 BTC and 17,430 ETH, according to a post on X. Together, those holdings are worth about $20.28 billion.

What Washington holds

On-chain analytics platforms Onchain Lens and Arkham Intelligence put the figures slightly higher. Their tracking shows approximately 306,795 BTC, valued at around $20.48 billion.

The same data shows 17,432 ETH worth about $33 million. The government also holds smaller amounts of other digital assets, including WBNB, USDC and USDT.

All of it is spread across 623 labeled addresses. Counting everything, the total crypto portfolio lands somewhere between $20.57 billion and $20.7 billion.

The research data pegs Bitcoin at around $67,000 per coin. Because the position is so large, each $1,000 swing in the coin's price shifts the portfolio's value by roughly $300 million.

How the coins arrived

Washington did not buy its way into this position. Most of the coins came from criminal and civil forfeitures tied to high-profile cases, including the Silk Road marketplace and the 2016 Bitfinex hack.

The Bitfinex case alone delivered more than 94,000 BTC to federal hands. That means close to a third of the government's Bitcoin traces back to a single exchange breach.

For years, the default approach was to auction seized coins off. That changed when an executive order issued in March 2025 established a Strategic Bitcoin Reserve and directed that forfeited Bitcoin be held indefinitely rather than sold.

The order also set up a separate US Digital Asset Stockpile for non-Bitcoin holdings. That is where the Ether, stablecoins and other tokens fit in.

Movement is not the same as selling

Recent activity included roughly $1 billion in BTC moving to Coinbase Prime custody addresses. However, under the current reserve policy, no sales of Bitcoin have been confirmed to date.

The movements appear consistent with custody management rather than disposal. Analytics platforms already label hundreds of federal addresses, and any meaningful transfer tends to show up quickly in public tracking.

Source: Crypto Briefing

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