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Trump’s new investment platform is preparing to start Bitcoin Plus ETF – DL News

  • The media company Donald Trump passes into investing business.
  • Truth.fi filed for six new investment products, including Bitcoin Stock fund.
  • Bitcoin Plus ETF suggests that it will offer exposure investors more than just Bitcoin.

President Donald Trump’s new “Fintech” investment platform has just added a key detail about his upcoming offers – a product called “Bitcoin Plus ETF”

A building on an announcement made last week, Trump Media & Technology Group, or TMTG, said Thursday its true.fi venture will offer Investors together with five other investment products.

Other offers focus on companies in the energy and production sectors.

More than BTC

Bitcoin Plus ETF suggests the fund will offer investors to exposure more cryptocurries than only Bitcoin. For now, the funds for the exchange of American exchanges are only offered Bitcoin and Etherum.

Brokerial Gigantic Charles Schwab has partnered with the truth.fi and will help you manage the offer called “separately managed accounts” for investors.

“Our goal is given to investors to invest in American energy, production and other companies that provide a competitive alternative to causative funds and problems with a lack to find throughout the market” said Devin Nunes, the TMTG head.

This move can enter more criticism that Trump and his family build crypto business at the same time that its administration designs a new industry regulatory regulatory.

Ever since he hugged Bitcoin last July, Trump supported his support for the crypt’s key work of his second term.

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And influx for capital records in Bitcoin ETFS encouraged the asset management firms to submit the new crypto ETF’s baby applications, including some for some for some memecoins.

Bitcoin ETFS rounded 2024. With the best debut for ETFS in history. Have more than 107 billion dollar property under management, and now Keep nearly 6% of the total bitcoin offer.

Memecoins and sneakers

Trump is $ 16 billion Cripto Empire Spans Memecoins, DEFI, Sneakers at Bitcoin-Brand, NFTS, Financial Libela Freedom, and now Truth.fi.

Its world freedom is finance for about 380 million dollars and leads them two of their sons, Eric and Donald Jr. They also hope to appear in Washington in Washington.

But some are skeptical – his transition Memecoin It has increased to the value of a 15 billion dollar market before leaning fire from the CRIPTO user as a “cash grip” that would further interfere with the industry brand.

Cripto prices have build 38% Since Trump won a white house 5. November.

The big reason why Trump’s promise is to end Gary Gensler, former Chairman of Securities and Earth Exchange and Fundraws for new laws governing the market.

Now Trump and his family are ready to benefit from the moves of that policy.

Pedro Solimano is correspondent market based in Buenos Aires. You have the top? Send it by email at psolimano@dlnews.com.

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2025-02-06 22:21:00

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