Trumps Truth Social Registers Bitcoin and Ethereum ETF in Nevada
Truth Social registers Bitcoin and Ethereum ETF in Nevada, signaling plans to enter crypto investment with Yorkville America Digital's support.
https://coingape.com/trumps-truth-social-registers-bitcoin-and-ethereum-etf-in-nevada/Truth Social registers Bitcoin and Ethereum ETF in Nevada, paving the way for a dual-asset crypto investment fund.
Yorkville America Digital partners with Truth Social to seek SEC approval for Bitcoin ETF, strengthening crypto market presence.
Truth Socials Bitcoin and Ethereum ETF could rival BlackRock's $70B iShares Bitcoin Trust.
US President Donald Trumps Truth Social has officially registered a new entity, signaling its plans to enter the cryptocurrency investment sector. On June 5, the company registered the Truth Social Bitcoin and Ethereum ETF as a domestic business trust in Nevada.
The registration sets the groundwork for an eventual offering of a Bitcoin and Ethereum exchange-traded fund (ETF), focusing on the two largest cryptocurrencies by market capitalization.