Trump Admin Considers Bipartisan Bitcoin Push, US Crypto Reserve

The Trump administration is reportedly considering a bipartisan approach to Bitcoin and cryptocurrencies, according to Anthony Scaramucci, Founder and Co-Managing Partner at SkyBridge Capital and former White House Communications Director. In an interview with CNBC, Scaramucci provided insights into the administration's evolving stance on Bitcoin and cryptocurrencies, highlighting potential regulatory shifts and the possibility of a US strategic reserve.

Scaramucci began by addressing the recent market downturn, which some attributed to "Deepseek drama," an apparent catalyst for short-term volatility. However, he pointed out that Bitcoin's current price remains notably higher than it was before Election Day. He attributed the recent correction to traders' disappointment with the lack of immediate, sweeping pro-Bitcoin action from the Trump administration.

According to Scaramucci, the new administration's policies represent a stark departure from the previous White House's "very anti-crypto position." Comparing the Biden era to the current Trump administration, he suggested that the regulatory stance has flipped. He expressed optimism about the future of cryptocurrencies, stating that he is "very bullish this year for most of these coins."

One of the most notable revelations concerned the idea of a strategic Bitcoin reserve. Scaramucci emphasized that "Crypto Czar" David Sacks aims to build a lasting, bipartisan framework to avoid a scenario where shifting control of the White House triggers a reversal of crypto policies. The intention is to create a more measured approach that avoids the "flipping and flopping" of crypto policies.

Scaramucci also touched on potential regulatory shifts, referencing the departure of former SEC Chair Gary Gensler and the desire for clear regulatory guidelines. He expects a new piece of crypto legislation before February 2026 that will clarify stablecoin regulations and precisely which agency—SEC or CFTC—will oversee Bitcoin.

On the investment products front, Scaramucci highlighted the possibility of a Solana futures ETF, hinting that such a move could pave the way for a Solana spot ETF, similar to Ethereum's existing ETFs. He believes these developments could further underpin market confidence in the broader crypto ecosystem.

Despite near-term fluctuations and recent market angst, Scaramucci's outlook remains optimistic. He reiterated his stance as a "Bitcoin maximalist," expecting the coin's price to reach $200,00