US EditionDonald Trump's Truth Social Files for Dual BTC and ETH ETF
- On Monday, Trump Media and Technology Group submitted a filing to launch an ETF focused on digital assets for its platform, Truth Social, with a portfolio composed of 75% bitcoin and 25% ether, managed in collaboration with Crypto.com.
- This ETF filing follows the SEC's June 13 approval of Trump Media's $2.3 billion Bitcoin treasury deal, which closed on May 30 after raising funds from about 50 investors.
- CEO Devin Nunes highlighted the company’s rapid growth in social media, streaming, and fintech sectors, emphasizing bitcoin as a central asset that represents financial freedom and underpins the Patriot Economy.
- Bitcoin ETFs currently manage $131 billion, and industry figures note direct bitcoin buying restrictions drive bitcoin treasury companies' popularity, though this may weaken as crypto mainstreams.
- Trump Media’s crypto strategy aims to leverage bitcoin for financial independence, support subscription and token initiatives, and establish a defensive position against institutional discrimination.
48 Articles
48 Articles
Why Publicly Traded Companies Are Buying So Much Bitcoin
It's one of crypto's hottest trends: publicly traded companies buying bitcoin and then buying even more. President Trump's Truth Social media company plans to raise $2.5 billion to buy bitcoin, joining a growing number of so-called "bitcoin treasury companies" as the world's most popular cryptocurrency hits all-time highs. What...
In a significant step for the crypto ecosystem and traditional financial markets, the United States Stock Exchange and Securities Commission (SEC) has formally agreed to revise the application submitted by NYSE Arca to list the Bitcoin ETF spot of Truth Social, directly linked to the Trump Media & Technology Group (TMTG). This event not only opens the door to possible future approval, but also highlights the growing interest of political and tec…
Trump’s Firing Off Truths Like Tweets — But What Is Truth Social?
Donald Trump is not tweeting anymore — he’s Truthing. If you’ve ever wondered where he’s dropping his latest thoughts, big claims, or “breaking news,” look no further than Truth Social. But what exactly is this app? Is it just for Trump fans? And why does it keep making headlines? Let’s dig into the story of the app that’s part platform, part political statement, and part reality show. Trump’s Firing Off Truths Like Tweets — But What Even Is Tr…
Truth Social Files For S-1 Bitcoin and Ethereum ETFs
Trump Media & Technology Group (TMTG), the parent company of Truth Social, filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch a combined Bitcoin and Ethereum exchange-traded fund (ETF) named the “Truth Social Bitcoin and Ethereum ETF” with the proposed ticker “B.T.” The ETF aims to provide investors with exposure […] The post Truth Social Files For S-1 Bitcoin and Ethereum ETFs appeared first on Tekedia.
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- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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