Trump Media Shakes Crypto Markets with Truth Social Bitcoin & Ethereum ETF Filing
Wall Street meets meme stock mania as Trump Media jumps into the crypto ETF arena. The newly filed ''Truth Social ETF'' promises exposure to Bitcoin and Ethereum—just don''t ask about the expense ratios.
When politics and crypto collide
The filing arrives as regulatory scrutiny on crypto ETFs reaches fever pitch. Trump Media''s move could either legitimize the asset class or become a cautionary tale—depending on which side of the political divide you''re on.
A hedge against... everything?
With midterm elections looming, the ETF''s timing raises eyebrows. Some see it as a play for the libertarian vote, others as a cynical cash grab. Either way, it''s got traders scrambling to adjust their portfolios.
One thing''s certain: in 2025''s volatile markets, truth—and profits—remain highly decentralized.