Reported 3 days ago
Trump Media and Technology Group has filed for SEC approval of its Truth Social Bitcoin ETF, which will directly track bitcoin prices and trade on NYSE Arca. Managed by Truth.fi, the ETF aims to align with 'America First' economic priorities, but its ties to Trump Media may raise potential legal challenges and conflicts of interest for investors. The move indicates Trump's growing involvement in the cryptocurrency market, amidst a backdrop of increased interest in various cryptocurrency ETFs.
Source: YAHOO