Trump Media’s Bitcoin ETF Filing—Will SEC Approval Ignite the Next Crypto Bull Run?
Trump Media just dropped a bombshell—a Bitcoin ETF filing that could shake Wall Street and crypto markets alike. Is this the regulatory greenlight bulls have been waiting for?
Breaking down the play: The filing positions Trump Media as the latest heavyweight chasing Bitcoin ETF legitimacy. If approved, it'd open floodgates for institutional money—but SEC Chair Gensler's track record suggests this won't be a rubber-stamp process.
Market impact: Crypto traders are already pricing in the speculation, with BTC briefly spiking 5% on the news. Meanwhile, traditional finance dinosaurs are scrambling to update their 'blockchain = bad' PowerPoint decks—just in case.
The cynical take: Nothing revives a flailing media company's stock like slapping 'crypto' and 'Trump' into an SEC filing. Genius marketing or desperate pivot? The market will decide.
