menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Trump’s Tr...
source image

Coindoo

1M

read

99

img
dot

Image Credit: Coindoo

Trump’s Truth Social Enters Crypto Arena With New Bitcoin ETF Proposal

  • The Truth Social Bitcoin ETF proposal has been officially filed with the Securities and Exchange Commission (SEC) for listing and trading on NYSE Arca.
  • Managed by Yorkville America Digital, LLC, the ETF is designed to track the spot price of Bitcoin and the custody will be handled by Foris DAX Trust Company.
  • This fund would be one of the first Bitcoin ETFs directly associated with a political brand, Trump's Truth Social platform, although the filing doesn't mention Trump personally.
  • If approved, the ETF would offer investors exposure to Bitcoin's real-time market value through traditional financial markets, expanding the list of spot Bitcoin ETFs in the U.S.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app