Donald Trump (Technology (Technology (Djt) wants to launch a negotiated fund in exchange for Bitcoin, marking another way in which the American president could participate financially in an increase in digital assets that followed his election.
THE announcement Plans for “Bitcoin Plus ETF” came last week when Trump Media said he had made a brand request for a series of FNB under his new Truth brand.fi, including an ETF “Made in America “And” US Energy Independence ETF.
Trump Media’s field, which belongs to the majority by the president, is that investors will be able to obtain exposure to areas that line up with the president’s economic priorities.
“We aim to give investors a way to invest in American energy, manufacturing and other companies that provide a competitive alternative to awakened funds and debannage problems that you find throughout the market,” said Trump Media CEO, soothes naked in a press release.
“We explore a range of ways to differentiate our products, including Bitcoin -related strategies.”
The announcement was the latest example of how Trump could be able to benefit from the glowing investor about cryptocurrencies while encouraging more favorable industry regulations in Washington, DC
Last year, during his campaign, Trump undertook to make the United States “Cryptographic capital of the planet“And just before taking office, his team launched the official play of the same for the 47th president (ASSET) with one for the first lady Melania Trump (Melania) on the Solana (GROUND) Blockchain.
Fight Fight Fight LLC and CIC Digital LLC, an affiliate of the Trump organization, holds 80% of the total supply of the same corner, subject to a three -year unlocking calendar, according to disclosure on the same website Corner.
Trump and his sons are also donors from World Liberty Financial, a separate crypto project they have promoted on social networks.
During the first week of Trump ministry, he signed an executive action that created a presidential group to coordinate the creation of a clear regulation for the digital asset industry and directed the new working group to assess ” The potential creation and maintenance of a national stock of digital assets “.
The group will be chaired by the AI of the White House and the Crypto Tsar David Sacks and will include the secretary of the Treasury, the president of the SEC and other heads of financial regulation.
Trump reiterated his support for industry during a virtual speech to the World Economic Forum last month, saying that he planned to make the United States “the world capital of artificial intelligence and crypto”.