U.S. Crypto Reserve Grows as Authorities Seize More Ethereum From 2021 Hack
The United States’ recently established national crypto reserve, created under President Donald Trump’s March executive order, has drawn renewed attention after fresh Ethereum (ETH) movements surfaced in government-controlled wallets.
While the reserve mainly consists of Bitcoin (BTC) and other altcoins seized in enforcement actions, blockchain trackers reported that U.S. officials have just received an additional $332,000 in ETH from Coinbase. The transfer is linked to assets recovered from the 2021 Uranium Finance hack, in which attackers siphoned off millions.
Authorities confirmed earlier this year that $31 million tied to the exploit had been recovered, with the latest batch of ETH representing part of the ongoing clawback process. Coinbase facilitated the transfer of 76.56 ETH into the U.S. government’s address.
The government wallet now holds around 1,358 ETH—valued at nearly $5.8 million—alongside other altcoins, lifting its total balance to about $34.7 million.
Analysts note that while the amount of ETH involved in this week’s recovery is relatively small, the continued asset seizures highlight the government’s determination to fold seized tokens into the broader reserve. Trump’s order had already confirmed that Bitcoin, Ethereum, Solana, XRP, and Cardano would make up the official holdings.
With federal wallets steadily filling, attention now turns to how these seized assets will ultimately be managed and whether they could play a role in Washington’s wider crypto policy.
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Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 10,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
