Trump’s Two big Bitcoin Moves: Key Catalysts or Just Noise for BTC Price? 

Two major developments are converging in July that could shape the future of Bitcoin in the United States—both tied to President Trump’s administration and its expanding crypto agenda.

On July 7, the U.S. Securities and Exchange Commission (SEC) officially acknowledged the filing to list and trade shares of the Truth Social Bitcoin and Ethereum ETF on the NYSE Arca exchange.

The fund, named after President Trump’s social media platform, was submitted under the Commission’s Rule 8.201-E for commodity-based trust shares. While this move does not yet represent approval, it marks a significant step forward and begins the comment period, allowing public and institutional feedback ahead of a potential green light.

Just hours earlier, another major signal emerged. According to a report by Crypto In America, the Trump administration is preparing to publish a comprehensive Bitcoin and digital asset policy paper around July 22.

White House sources suggest the document could include recommendations for creating a strategic Bitcoin reserve—potentially mimicking El Salvador’s model on a far larger scale. It may also include proposals to ensure fair banking access for crypto firms through the Federal Reserve’s infrastructure, long criticized for resisting such integrations.

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How might Bitcoin’s price react to these developments?

Markets could react in several ways depending on the specifics of the policy and the ETF’s progress. If the July 22 report confirms support for a national Bitcoin reserve, it could drive institutional optimism and push prices higher—especially if paired with federal backing or Fed integration for crypto services. The Truth Social ETF’s momentum could also amplify bullish sentiment, especially among retail investors who support Trump’s initiatives.

However, delays, unclear policy language, or opposition from regulators could trigger uncertainty. If either event underdelivers, traders may take profits or reduce exposure in the short term.

Overall, the coming weeks represent a critical window for Bitcoin’s political and market positioning in the U.S.—and potentially its next price move.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.