Truth Social’s Bold Crypto Play: ETF S-1 Filing Reveals Bitcoin and Altcoin Holdings
Wall Street meets Web3 as Truth Social's crypto ETF filing drops—with BTC leading a motley crew of altcoins. Who said politics and decentralized finance don't mix?
Breaking down the S-1: The filing confirms what speculators whispered for months—the Trump-linked platform isn't just dipping toes in crypto waters, it's cannonballing in with Bitcoin as its anchor and a basket of altcoins riding shotgun.
The altcoin arsenal: While BTC takes center stage, the inclusion of other digital assets suggests a hedging strategy that'd make even the most cynical hedge fund manager nod approvingly (between martini sips, naturally).
Regulatory roulette: This move throws another log on the SEC's already blazing crypto oversight fire—just as Gary Gensler was hoping for a quiet summer.
Truth Social's endgame? Either they know something we don't about crypto's regulatory future, or this is the most expensive publicity stunt since that gold-plated Trump NFT collection. Place your bets.
Truth Social, the network attributed to the U.S. President Donald Trump, has formally submitted an S-1 form with the U.S. Securities and Exchange Commission (SEC). The submission is for a fresh investment vehicle, the Truth Social crypto E... Read More
