Trump Media Aims to Launch Bitcoin & Ethereum ETFs ๐
Trump Media & Technology Group (DJT.O) has submitted ๐ a new application to the SEC๐ง๐ง, seeking approval for "two crypto ETFs": one for "Bitcoin (BTC)" and another for "both Bitcoin and Ethereum (ETH)".
๐ Why It Matters?
If approved, these ETF's would named "Truth Social Bitcoin ETF" and "Truth Social Bitcoin & Ethereum ETF" and they would enter a market dominated by giants like "BlackRock", which already manages a massive "$72.5B Bitcoin ETF".
๐ "Second Attempt"
This is Trump Mediaโs "second crypto ETF filing in less than two weeks, showing strong interest in the crypto space.