Truth Social, Truth Social, is raised by President Donald Trump, with plans to launch the boxes on the US -based exchange exchange in the United States, starting with Bitcoin’s health (BTC).
Social Social truth ETF ETF is closer after SEC presentation
On Tuesday, NYSE Arca, which is part of the New York Stock Exchange, presented the 19b-4 form with the US Securities and Stock Exchange Committee that would follow the BTC price.
“According to the registration statement, the fund seeks to generally reflect the performance of the bitcoin price,” and it reads the deposit. “The Fund seeks to reflect this performance before paying expenses and confidence opponents.”
In January 2024, SEC Greenlighted Comptazen Bitcoin; Products have achieved the most successful launch in the history of ETF, as they attract money from investors looking for smooth and organized access to the encryption industry.
Now it seems that President Trump is also looking to benefit from work. The deposit was presented on behalf of the Asset Crypto Yorkville American Digital Director, a partner of the Trump Media & Technology Group, Truth Social player. The box will be traded under the name Truth Social Bitcoin ETF, according to the file.
The guardian of the box, if he is given the organizational gesture, will be foris Dax Trust Company, which also acts as a goalkeeper for Crypto.com.
Many companies are competing for the immediate investment funds for Altcoins that range from Solana (SOL) to Ripple’s XRP to Dogecoin (DOGE), but Tuesday’s file is noticeable given his relations with the American President. SEC has so far adopted a more lenient approach to organizing the encryption market through, for one, which has rejected lawsuits and multiple prominent investigations amid a new leadership.
Empire for the growing Trump family
It is worth noting that President Trump and his family are behind a group of encryption companies. The Trump Media and Technology Group in January unveiled new financial services and a new brand called Truth.fi, which will mainly focus on encryption. The company cooperated with Crypto.com and Yorkville America Digital to launch Crypto and Energy Etfs, where Trump Media reported that it plans to invest up to $ 250 million of its own products.
Trump’s ambitions jumped in the world of Crypto last week after Trump announced the media that it had completed $ 2.4 billion of stocks and debts to create a bitcoin wardrobe.
Meanwhile, World Liberty Financial (WLFI), the Trump -backed financial protocol, recently announced the launch of the USD1, which will be available on ETHEREM and BNB series associated with Binance.
Source: https://zycrypto.com/presiednt-trumps-Social-Media-company-truth-socks-Secs-blesSing-to-launch-pot-bitcoin-etf/