NYSE Bends Rules to Fast-Track Trump Media’s Bitcoin-Ethereum ETF – Wall Street Plays Favorites Again
Wall Street's rulebook just got a MAGA makeover. The NYSE quietly tweaked listing requirements to accommodate Trump Media & Technology Group's controversial Bitcoin-Ethereum ETF—because apparently, some prospectuses are more equal than others.
Behind the velvet ropes
Insiders whisper the exchange carved out exceptions for the dual-crypto fund's volatility metrics. Standard diversification rules? Waived. Typical AUM thresholds? Adjusted. The usual 75-day surveillance period? Compressed to 15 days—just in time for the Q3 earnings circus.
Market makers are already placing bets on whether this ETF will outperform Truth Social's stock (spoiler: that's a low bar). One thing's certain—when political clout meets crypto hype, regulatory rigor takes a coffee break.
