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.
CryptoQuant analyst Maartunn has highlighted an intriguing development that has added to the growing bearish sentiment in the cryptocurrency market: the sudden movement of 8,000 Bitcoin (BTC) that had been dormant for five to seven years.
Bitcoin mining firm MARA Holdings (MARA) is launching a new $2 billion stock offering, continuing its strategy of acquiring Bitcoin directly from the market.
Peter Schiff, a well-known critic of Bitcoin and prominent economist, has once again targeted the leading cryptocurrency.
gFidelity Investments’ Jurrien Timmer, the director of global macro, has weighed in on the ongoing debate about Bitcoin’s potential to surpass gold in market value. While he acknowledges that Bitcoin could eventually rival gold, he doesn’t foresee this happening anytime soon.