Trump's TruthFi company, part of the media group behind Truth Social, has officially filed for the launch of a new ETF focused on Bitcoin, named TruthFi Bitcoin Plus.
This move is part of a broader effort by Truth Media and Technology Group to expand its portfolio.
Along with this Bitcoin-centered fund, the company has also applied for trademarks for a range of other investment products, including those focused on U.S. energy independence and a broader “Made in America” strategy.
These filings signal a significant step toward diversifying their offerings in the financial sector.
Panama City may be preparing for a major leap into the crypto space after a subtle but telling move by its mayor.
In a historic move, Moody’s has downgraded the United States’ long-term credit rating from Aaa to Aa1, citing ballooning deficits, growing interest burdens, and a failure to implement fiscal reforms.
Bitcoin is currently hovering beneath the $105,000 mark, but some analysts believe the recent pause may be part of a much larger upward move.
Ethereum’s proof-of-stake design may offer it a stronger defense against attacks than Bitcoin’s proof-of-work system, according to recent insights from leading researchers in the crypto space.