#TrumpBitcoinEmpire
The Trump family is expanding its investments in cryptocurrencies indirectly, as Donald Trump Jr. invested $4 million in Thumzup, a cryptocurrency holding company that is expanding into alternative coins. This move aims to diversify the Trump family's cryptocurrency portfolio, especially after the establishment of BTC/ETH exchange-traded funds and a basket product containing 5 alternative coins.
Trump family's investments in cryptocurrencies:
- Bitcoin: The Trump family has invested in Bitcoin and other cryptocurrencies, reflecting their growing interest in diversifying digital assets.
- Thumzup: Donald Trump Jr. invested $4 million in Thumzup, a cryptocurrency holding company that is expanding into alternative coins such as Ethereum, Dogecoin, and others.
- *Exchange-Traded Funds: Trump Media has submitted an application for a Bitcoin exchange-traded fund and a joint fund between BTC/ETH, reflecting its interest in diversifying investments in cryptocurrencies.
Impact of the Trump family's investments:
- Portfolio diversification: The Trump family's investments in cryptocurrencies aim to diversify the portfolio.
- Market impact: The Trump family's investments in cryptocurrencies could influence the market, especially with the growth of the Trump family's cryptocurrency empire.