Trump Media Technology Group applies to register "Truth.Fi Bitcoin Plus ETF", expanding financial services
According to Aggr News, Trump Media & Technology Group (TMTG)'s Truth.Fi has applied to register "Truth.Fi Bitcoin Plus ETF", marking its entry into the Bitcoin ETF and fintech service sectors.
TMTG plans to launch a variety of ETFs and customized investment accounts (SMA), including US manufacturing-themed ETF, US energy independence ETF, and Bitcoin-related ETF. The project is expected to receive up to $250 million in investments, with Charles Schwab responsible for custody and cooperating with TMTG in developing SMA products.
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