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Truth Social Shakes Up Finance: Files for Blue-Chip Crypto ETF Featuring BTC and ETH
Truth Social Shakes Up Finance: Files for Blue-Chip Crypto ETF Featuring BTC and ETH
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Truth Social just dropped a bombshell on Wall Street—filing for a crypto ETF packed with Bitcoin and Ethereum. Because what's more American than mixing politics, memes, and digital gold?
Here's the play: A blue-chip crypto basket targeting institutional investors who still think 'HODL' is a typo. The filing comes as BTC flirts with all-time highs and ETH stakes its claim as the backbone of DeFi.
Wall Street's reaction? Probably scrambling to explain to boomer clients why this isn't just 'Dogecoin with suits.' Meanwhile, crypto natives shrug—another day, another trad-fi player late to the party.
One thing's certain: The SEC's coffee machine just got busier. Bonus jab: At least this ETF won't charge 2% fees to underperform the S&P 500.
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