Prominent crypto figures are questioning the inclusion of five coins in the strategic reserve fund, and some think only bitcoin should be on the list.

When US president Donald Trump picked out a handful of cryptocurrencies for potential inclusion in a national strategic reserve, he sparked a trading frenzy—and questions about who stands to benefit.

Bitcoin was rising on speculation that President Donald Trump will unveil a U.S. strategic reserve of the digital currency during Friday's White House crypto summit, Saxo Bank analysts said in a note.