The SEC just approved Trump Media’s $2.3B Bitcoin Treasury plan, giving it the green light to raise funds and buy BTC — potentially making it one of the largest public holders of Bitcoin. They’ve also filed for a Truth Social Bitcoin ETF, aiming to provide direct BTC exposure to shareholders.
As a trader, I see two sides to this:
✅ Adoption: This move could legitimize Bitcoin further in public markets. A politically influential company adding BTC to its balance sheet may attract new retail and institutional interest.
⚠️ Risk: Tying Bitcoin to a political brand could introduce volatility beyond normal market dynamics — especially in an election year. Political narratives might now influence crypto sentiment more directly.
We’re entering a phase where Bitcoin isn’t just a financial asset — it’s becoming a political signal too.
What’s your take?