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Best crypto to buy as Truth Social files for a Spot Bitcoin ETF

  • Donald Trump's social media platform, Truth Social, has filed to launch a Spot Bitcoin Exchange-Traded Fund (ETF) through its parent company TMTG, indicating a notable pivot into digital assets.
  • The move by Truth Social to offer a Spot Bitcoin ETF, allowing direct exposure to Bitcoin without needing to manage a digital wallet, signals growing institutional interest in Bitcoin.
  • The filing has generated increased enthusiasm among retail investors and crypto enthusiasts, leading to a surge in interest in meme coins like Bitcoin Pepe, with traders seeking alternative investment avenues.
  • The entry of Truth Social into the ETF space, backed by its political affiliation and conservative user base, may introduce Bitcoin exposure to a new demographic of retail investors and has the potential to impact meme coin rallies in the future.

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