Trump Truth Social Step Before Launch Bitcoin ETF with new NYSE submission

President Donald Trump True, the social platform has gone step closer to availability bitcoin The exchange -traded fund is available for daily investors.

The NYSE Arca, the All-Guard hand of the New York Stock Exchange, which deals with most Trade ETF, is submitted on Tuesday to list the Bitcoin Foundation related to the president’s media company, the last sign of Trump’s extension in the crypto world. Known as the 19b-4 form, the submission is required before the regulators can decide whether the fund will start and trade on the US exchange.

Called the truth social Bitcoin ETF, Fund designed to track Bitcoin and suggested investors are an easier way to get the exposure without supporting the asset. The filing is worth announced Partnership between Trump media And Crypto.com in March to bring a set of digital assets products to the market at the end of this year before the regulatory approval.

These planned offers include cryptocurrency baskets such as Bitcoin and Crypto.com Native Cronos token, combined with traditional securities. Products will be branded under Trump media And provided by global investors through large brokerage platforms and Crypto.com, which serves more than 140 million users worldwide.

Since the launch of the Spot Bitcoin ETFs, since January 2024, the market has gained more than $ 130 billion in assets. Black‘s ishares bitcoin trust (Ride) accounts for a lion’s share with almost $ 69 billion, making it the largest head of digital assets in the world.

Trump is the majority of the parent Company owners TRUE SOCIAL, Trump Media & Technology Group, which in recent months has made a number trademark Digital assets products to open In 2.5 billion dollars bitcoin -stars plan Last week in Las Vegas. If this is approved, ETF will be one of the most politically related records to the prosperous bitcoin market.

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