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Trump Media Eyes Bitcoin Plus ETF Launch

Trump Media Eyes Bitcoin Plus ETF Launch

AltcoinbuzzAltcoinbuzz2025/02/11 05:22
By:By Victor -Victor -

Trump Media and Technology Group (DJT) has big plans

The company filed for six trademarks under its Truft.Fi umbrella. One of the filings is for a Bitcoin investment vehicle.

These trademarks signal a move towards the launch of customized ETFs and separately managed accounts (SMAs). These are expected to roll out later this year.

DJT Eyes Bitcoin Plus ETF to Shake Up Crypto Investments

This filing marks a significant step in DJT’s growing influence within the financial world, as it seeks to bring its spin to the investment sector. With the filing officially made on Thursday, the company aims to give investors another way to access Bitcoin, blending traditional ETFs with the digital asset’s unique appeal. The Bitcoin Plus ETF, according to insiders, will give investors exposure to Bitcoin while offering some added features that are expected to make it stand out from the pack.

BREAKING: Trump Media Technology Group (TMTG) plans to launch a Bitcoin Plus ETF.

This ETF is among other investment vehicles tied to Trump’s campaign promises.

The company, majority-owned by Trump, has filed trademarks under its TruthFi brand. pic.twitter.com/OzazLnJESz

— Alek (@Alek_Carter) February 6, 2025

The decision to enter the cryptocurrency space is no surprise given the rise in digital assets. But, it shows DJT’s ambition to diversify into new financial products. By creating its own Bitcoin ETF, Trump Media is hoping to tap into the growing demand for digital currency investments. This is while attracting those looking for a more secure way to enter the world of crypto.

More About Bitcoin ETFs

The SEC has officially acknowledged an amendment to Nasdaq’s 19b-4 filing for the iShares Bitcoin ETF. This will pave the way for a significant shift in how the ETF operates. If approved, this change would enable in-kind creations and redemptions. This will allow investors to redeem their shares for actual Bitcoin rather than cash.

🚨 LATEST: The SEC has acknowledged an amendment for Nasdaq’s 19b-4 filing to allow in-kind creations and redemptions on iShares Bitcoin ETF.

If approved, this would allow investors to redeem their shares for actual #Bitcoin instead of cash. pic.twitter.com/j7lFH4RZMZ

— Cointelegraph (@Cointelegraph) February 7, 2025

This move could offer investors a more direct link to the cryptocurrency, aligning the ETF more closely with Bitcoin’s decentralized nature and appealing to those looking to hold the asset itself rather than its cash equivalent.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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