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Trump Family Media Company has launched the Bitcoin Exchange Trade Fund in the most recent impetus to encourage digital currencies.
Trump Media and Technology Group, which is the truth of the president’s selected social media application, announced that he submitted an application with US regulators to create a “Truth Social Bitcoin ETF” on Thursday.
ETF, Florida-Based Yorkville America Digital – “American-First Active Management Company” and the Bitcoin will directly implement the combination with the Securities and Exchange Commission. If confirmed, shares in the Fund will be listed in an ETF exchange NYSE ARCA. Shares in TMTG, which traded under Ticker Djt, first fell by 2.4 percent in Thursday morning.
The ETF launcher is recent weeks, the price of Bitcoin is above $ 100,000 and the Trump management is starting to create a digital active friend regulatory framework for the president’s goal.
But joining a crowded area. As in January 2024, there are dozens of spot bitcoin funds, including a BlackRock Foundation, which are primarily 69 billion dollars.
Once “It looks like a cheater,” said Trump, repeatedly closed the memekoin, and this month hosted a castle dinner for the biggest owners, the waves of concern over the clashes of potential.
To reduce the risk of Crypto lawyer to reduce crypto lawyer’s risk, crypto has become several ways to reduce the risk of Crypto.
In late May, TMTG will collect $ 1.5 billion in new capital through convertible bonds, which will be used to create a “Bitcoin treasury”.
Bir həftə sonra Prezidentin oğulları Eric Trump və Donald Trump JR-də Las Vegasdakı bir Bitcoin konfransında, “daha ucuz”, “daha sürətli”, “daha sürətli” və “daha şəffaf” və “daha şəffaf” və “daha şəffaf” və “daha şəffaf” və “daha şəffaf” idi.
“We are a very long cryptist,” said Trump Jr. sitting in the board of TMTG .. “It’s a big part of everything we do right now.”
On Tuesday, itself and his family shows that this product has left a themed Bitcoin trading application that writes on the social media website, which is “zero participation”. However, the world freedom finance company, supported by the world’s freedom, Trump and sons, “will soon start our official wallet.”
In addition to Blackrock, loyalty and Bitwise, the sized Bitcoin ETF products that won the trust of the Institutional Investment Community, Independent ETF Specialist Dave Nadig employs the trusted Bitcoin ETF products.
“I think it is not uncommon to gain long-term assets of products such as (truth social bitcoin etf),” he said.
