Trump Media is pushing deeper into crypto after filing to launch a bitcoin-ether ETF
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Trump’s media company has filed to launch a new bitcoin and ether ETF.
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The fund will invest 75% of its assets in bitcoin and 25% in ether, per a regulatory filing.
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The ETF follows a series of crypto moves by Trump and his companies so far this year.
Trump Media & Technology Group wants to launch an exchange-traded fund to invest in the two biggest cryptocurrencies.
Donald Trump’s media company filed documents with the Securities and Exchange Commission seeking approval of a new bitcoin and ether ETF on Monday, with the fund aiming to invest 75% of its assets in bitcoin and 25% in ethereum.
Crypto.com will serve as the liquidity provider and prime execution agent of the ETF, the filing said. Trump…
