BREAKING: NYSE Files for Trump-Endorsed Bitcoin & Ethereum ETF—Wall Street Goes Crypto
Wall Street's old guard just placed a billion-dollar bet on crypto—with a political twist.
The New York Stock Exchange quietly dropped a bombshell filing this morning: a formal request to list spot Bitcoin and Ethereum ETFs backed by none other than Donald Trump. The move comes as institutional investors flood into digital assets—and politicians scramble to claim credit.
Here's why it matters:
• First U.S. exchange-backed crypto ETF with political heavyweight support
• NYSE positioning itself as the bridge between TradFi and DeFi
• Ethereum finally getting equal billing with Bitcoin in institutional products
Insiders whisper the filing includes an unusual clause: ETFs would hold actual coins, not futures contracts—a clear shot across the bow at SEC-approved derivatives products. Because nothing says 'financial innovation' like recreating the 2008 synthetic CDO playbook with blockchain.
One thing's certain: when suits and hodlers unite, the resulting volatility makes even meme coins look stable. Buckle up.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
