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Truth Social has filed with the SEC for a
Bitcoin ETF, highlighting Trump’s pro-crypto stance and regulatory shifts as pivotal factors.
What’s the Scoop?
- Groundbreaking Prospectus: Truth Social filed with the SEC for a Bitcoin ETF, aiming to list it on NYSE Arca and track Bitcoin's market price.
- Pro-Crypto Agenda: The ETF would align with Trump’s pro-crypto policies, including his executive order establishing a Strategic Bitcoin Reserve.
- Unique Risk Acknowledgment: The filing is the first to highlight how political factors like Trump’s crypto agenda might impact the ETF trust’s sponsor.