Trump’s Truth Social Seeks SEC Approval for Crypto ETF
The proposed fund aims to provide exposure to both Bitcoin and Ethereum. Key Highlights The newly proposed investment vehicles aim to combine standard cryptocurrency...
The proposed fund aims to provide exposure to both Bitcoin and Ethereum.
Key Highlights
- The newly proposed investment vehicles aim to combine standard cryptocurrency market exposure with passive income generated through digital asset staking.
- A collaboration with Crypto.com provides the necessary technical backend, including secure asset custody and liquidity management for the funds.
- These products feature a competitive 0.95% management fee and are designed to bridge the gap between traditional brokerage accounts and decentralized finance.
Truth Social, the social media platform backed by U.S. President Donald Trump, has filed with the U.S. Securities and Exchange Commission seeking approval to launch a cryptocurrency exchange-traded fund (ETF).
According to the official release, the proposed fund would provide exposure to both Bitcoin and Ethereum, positioning Truth Social to enter the competitive market for digital asset investment products.
Also Read: Market Optimism Drives Renewed Demand for Bitcoin and Ether ETFs
Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.
Vanshita Kanjani is a crypto journalist, particularly focused on delivering clear insights into regulatory frameworks and industry updates. Her educational background in English literature and prior experience at a local publication house give her a strong foundation for delivering in-depth market analysis and reports.
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