Investors cautioned on proposed Truth Social crypto ETF
Novelty value aside, major UK-based financial advisory firm, de Vere is warning investors about jumping into the proposed crypto exchange traded fund (ETF) on the launch pad of US President, Donald Trump’s Truth Social.
de Vere noted that he proposed fund, the Truth Social Bitcoin and Ethereum ETF (ticker: B.T.), sponsored by Yorkville America Digital, LLC, would be the first attempt by a politically affiliated platform to offer a spot ETF with combined exposure to both Bitcoin and Ethereum.
It said is issuing a strong warning to investors to exercise caution and seek independent financial advice before engaging with the product.
de Vere Group…
