Extract Even Bits Only from 32-bit Register

Code

#include <stdio.h>
#include <stdint.h>

uint32_t extract_even_bits(uint32_t reg) {
    int i;
    uint32_t result = 0;
    for(i = 0; i < 32; i+=2){
        if(reg & (0x1 << i)){
            result |= (0x1 << (i / 2));
        }
    }
    return result;
}

int main() {
    uint32_t reg;
    scanf("%u", &reg);
    printf("%u", extract_even_bits(reg));
    return 0;
}

Solving Approach