Trump Media Deepens Crypto Push With Bitcoin–Ether ETF Filing
Donald Trump's media company has filed to launch an exchange-traded fund that would invest directly in both Bitcoin and Ether, the latest in a wider push into digital assets tied to the president's personal brand.
The proposed fund, dubbed the Truth Social Bitcoin and Ethereum ETF, was disclosed in a regulatory filing Monday. It aims to give investors an easy way to gain exposure to the two largest digital assets and serves as a 'simple and cost-effective' alternative to using peer-to-peer networks or digital platforms. Yorkville America Digital is listed as the sponsor of the latest product.
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