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.
California is taking a bold step toward protecting cryptocurrency investors, with new amendments transforming an existing financial regulation bill into a dedicated digital assets framework.
Recently, Nilton David, Brazil’s director of monetary policy at the central bank, dismissed the notion of adding cryptocurrencies to the country’s foreign reserve assets, calling it an inappropriate strategy.
In a dramatic shift from Wall Street’s traditional stance, BlackRock CEO Larry Fink has openly acknowledged Bitcoin as a potential competitor to the U.S. dollar.
Metaplanet has taken a bold step in its Bitcoin strategy by issuing ¥2 billion ($13.3 million) in zero-interest bonds, a move aimed at expanding its cryptocurrency holdings.