🚨 Trump's Crypto Power Play Shakes the Market!
#SEC | #Bitcoin #Ethereum | #TRUMP
In a bold move that’s sending shockwaves through both Wall Street and Washington, the SEC has begun evaluating a Bitcoin + Ethereum ETF filed by Trump Media & Technology Group.
📊 ETF Structure
A first-of-its-kind hybrid crypto ETF, designed for both stability (Bitcoin) and innovation (Ethereum).
🔐 Custody & Sponsorship
Custody: Foris DAX Trust (Crypto.com subsidiary), cold storage
Sponsor: Yorkville America Digital
📈 Valuation Benchmark
$BTC → CME CF BRR
$ETH → CME CF Ether Reference Rate
💬 Why It Matters:
This could mark a historic shift in SEC's stance on crypto ETFs. After years of resistance, this filing—especially tied to a high-profile political figure—could open the floodgates for institutional adoption.
🗣️ Bloomberg’s James Seyffart says:
"We may now see strong signs that the SEC’s general stance against crypto ETFs is softening."
🎯 Political + Financial Strategy?
Trump, a vocal critic of fiat currency, may be making crypto policy a cornerstone of his campaign.
This ETF isn't just a financial instrument—it's a statement.
📌 If Approved:
✅ First dual spot ETF: BTC + ETH
✅ Mainstream credibility boost
✅ Massive impact on 2024/2025 crypto adoption
📅 All eyes on the SEC in the coming weeks. But one thing’s clear:
Trump is back—and he’s betting on crypto.
#CryptoNews #CryptoETF #TrumpETF #DigitalAssets #BTCETF #ETHEFT #CryptoPolitics #BinanceNews