Extract Even Bits Only from 32-bit Register

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

uint32_t extract_even_bits(uint32_t reg) {
    // Your code here
    uint32_t value = 0;
    uint8_t j = 0;
    for(uint8_t i = 0; i < 32 ; i=i+2)
    {
        uint32_t bit = ((reg >> i) & 1);
        value = (value) | (bit<<j);
        j++;
    }
return value;
}

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

Solving Approach