The United States is all set to have its own cryptocurrency reserve following President Donald Trump's announcement; however, crypto executives are pushing back against the idea of the reserve having multiple digital assets.

Several crypto executives believe Bitcoin, the world's largest crypto asset by market capitalization, is the only coin suitable for a crypto reserve, even as Trump has specifically said "valuable" coins will be included.

Brian Armstrong said he was looking forward to learning more about the strategic crypto reserve and was still coming up with his opinions about the matter. However, currently, he believes:

Still, Armstrong noted that the first option was the "easiest," especially given Bitcoin's core purpose as a store of value.

Prominent cryptographer and cypherpunk Adam Back agrees with Armstrong, with many other Bitcoin maximalists also believing the Coinbase chief made the right call.

The Gemini crypto exchange co-founder said he was "surprised" by the digital assets being considered by the national reserve.

He went on to note that he thinks it will work if other big market cap assets such as XRP and Cardano (ADA), or Solana (SOL) were placed into the reserve via forfeiture or seizure, but not through active acquisition.

The other co-founder of the Gemini exchange and Cameron's twin, also shared his brother's sentiments, saying he had "nothing against" the other cryptocurrencies specifically mentioned by the U.S. president (XRP, ADA, SOL, and ETH), but he doesn't believe they were suitable assets for a strategic reserve.

It remains to be seen whether Trump will heed the advice of some crypto executives, who would rather see a Bitcoin reserve instead of a crypto reserve.