RELEVANT NEWS . #TRUMP
$BTC Trump Media & Technology Group (TMTG), the company founded by Donald Trump, recently announced plans to launch six new exchange-traded funds (ETFs), including one focused on Bitcoin. These ETFs are aligned with "America First" policies and cover areas such as American manufacturing, energy independence and cryptocurrencies.
The initiative is part of the company's new financial platform, called Truth.Fi, which is still awaiting regulatory approvals. Devin Nunes, CEO of TMTG, said that the goal is to offer investors competitive alternatives to progressive funds available on the market.
In addition, TMTG plans to launch separately managed accounts (SMAs) in partnership with Charles Schwab, aiming to diversify its investment offerings. The company will also invest up to $250 million, which will be held in custody by Schwab.
These moves reflect the growing acceptance of cryptocurrencies in the United States, especially following the election of Donald Trump, who is seen as pro-crypto. Since his election, Bitcoin ETFs in the US have attracted nearly $10 billion in investment, indicating a significant increase in interest in these assets.