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Former President Trump's company files for a Bitcoin ETF with the SEC, aiming to track Bitcoin’s price.
Former President Donald Trump's company, Trump Media & Technology Group, has filed for a Bitcoin ETF with the U.S. Securities and Exchange Commission.
If approved, the Truth Social Bitcoin ETF would aim to track Bitcoin’s price performance and be custodied by Crypto.com.
The ETF, pending SEC approval, could potentially boost Bitcoin's mainstream adoption.
However, it faces competition from over 60 existing U.S. Bitcoin ETFs.
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La empresa del expresidente Trump presenta un ETF de Bitcoin ante la SEC, con el objetivo de rastrear el precio de Bitcoin.