PANews reported on March 3 that on March 2, 2025, U.S. time, U.S. President Trump announced the establishment of a "Crypto Strategic Reserve", which explicitly included Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL) and Cardano (ADA) in the reserve range. After the announcement, the Top 20 Index Fund launched by HashKey Capital in February attracted investors' attention, with the highest increase reaching 8.2% at one point, showing a high degree of compatibility with the new U.S. policy.

HashKey Capital's Top20 Index Fund focuses on investing in the top 20 tokens by market capitalization, of which BTC/ETH/SOL/XRP/ADA account for about 90% of the five potential US strategic reserve tokens. The performance of the fund can be seen as an important indicator of the impact of US crypto policies. Market analysts pointed out that HashKey 20 can actually be regarded as a "US Crypto Strategic Reserve" theme fund, representing all known components of the reserve, and is one of the best tools for investors to lay out this theme in advance.