๐ฅ Breaking News: "Trump Media" Company Files for Bitcoin ETF for Truth Social!
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๐ Most Important News:
* Trump Media has submitted a revised (S-1) filing to the U.S. Securities and Exchange Commission (SEC) to launch the Truth Social Bitcoin ETF.
* The fund will hold Bitcoin directly, with Crypto.com as the exclusive custodian, primary managing agent, and liquidity provider.
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๐ก What does this mean?
* This move serves as an additional confirmation of Trump Media's commitment to the cryptocurrency sector, following its recent announcement of plans to establish a Bitcoin treasury for the company.
* Choosing Crypto.com as the custodian for one of the most prominent proposed Bitcoin funds enhances the platform's credibility and demonstrates the increasing convergence between the worlds of politics and cryptocurrencies.
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โ What does it mean to you that a platform like Crypto.com is becoming the custodian for a Bitcoin fund associated with a company of this size?
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