BREAKING: NYSE Seeks Approval for Truth Social ETF – With Bitcoin and Ethereum Exposure
Wall Street's latest crypto play just dropped—and it's wearing a red hat.
The New York Stock Exchange filed plans to launch a Truth Social-themed ETF tracking Bitcoin and Ethereum, merging meme-stock energy with crypto volatility. Because what could possibly go wrong?
The Details:
No ticker or expense ratio disclosed yet, but the filing confirms the fund would hold actual crypto—not just futures. A rare move for politically-adjacent investment products.
Why It Matters:
This marks the first major exchange-backed attempt to package Trumpworld branding with digital assets. Expect fireworks from both crypto bulls and SEC regulators.
The Punchline:
Wall Street finally found a way to combine two things that keep bankers awake at night: unregulated crypto and unhinged political risk. Somewhere, a hedge fund manager is crying into his artisanal bourbon.
