๐ข #TRUMP Media Files for $BTC & $ETH ETF!
๐ธ Trump Media & Technology, the company behind Truth Social, has filed to launch a crypto ETF directly holding 75% Bitcoin and 25% Ethereum.
๐น Cryptocom will serve as the #ETFs custodian and liquidity provider.
๐น The fund awaits SEC approval before launching on NYSE Arca.
๐น This move follows a planned $2.5B #bitcoin treasury raise and a broader push into crypto with Trumpโs TruthFi investment arm.
๐ฌ Trumpโs second run is shaping up to be pro-crypto, fueling excitement as major firms like Tesla and #MicroStrategy also load up on $BTC
๐ฉ Pre-market shares of Trump Media rose 1.7% after the filing.