Reported 2 months ago
Truth Social, affiliated with Donald Trump's media company, has filed with the SEC to launch a Bitcoin ETF, marking a significant move into the cryptocurrency market. This effort accompanies plans to create a bitcoin treasury and reflects an overall friendlier stance towards crypto under the Trump administration, which has seen reduced scrutiny on digital currencies. The ETF will be managed by Yorkville America Digital and aims to track Bitcoin's market performance.
Source: YAHOO