ChainCatcher news, the Trump administration recently proposed the establishment of a U.S. Sovereign Wealth Fund (SWF) before 2026, and hinted that TikTok could be a potential investment target for the fund. This proposal has attracted widespread attention against the backdrop of challenges facing the U.S. economy and a high fiscal deficit. Although this idea seems appealing, analysts warn that without clear planning and governance mechanisms, the fund could do more harm than good to the market and the economy.