The company filed a request for six brands under its tired.fi umbrella. One of the deposits concerns a Bitcoin investment vehicle.
These brands indicate an evolution towards the launch of personalized ETFs and accounts managed separately (SMAS). They should be deployed later this year.
Djt Eyes Bitcoin Plus ETF to shake up cryptographic investments
This deposit marks an important step in the growing influence of the DJT within the financial world, because it seeks to bring its turn to the investment sector. The file officially produced on Thursday, the company aims to give investors another way to access Bitcoin, mixing traditional FNB with the unique attraction of digital assets. Bitcoin plus ETF, according to the initiates, will give investors an exposure to Bitcoin while offering additional features that should bring out from the pack.
Breaking: Trump Media & Technology Group (TMTG) plans to launch a Bitcoin Plus ETF.
This ETF is among the other investment vehicles linked to Trump’s campaign promises.
The company, mainly belonging to Trump, has deposited brands under its Truthfi brand. pic.twitter.com/ozazlnjesz
– alek (@alek_carter) February 6, 2025
The decision to enter the cryptocurrency space is not a surprise given the increase in digital assets. However, it shows DJT’s ambition to diversify in new financial products. By creating his own Bitcoin ETF, Trump Media hopes to exploit the growing demand for investments in digital currencies. It is all by attracting those looking for a more secure way to enter the world of crypto.
Learn more about Bitcoin ETF
The SEC officially recognized an amendment to the 19B-4 deposit of the NASDAQ for the FNB Ishares Bitcoin. This will open the way to a significant change in the functioning of the FNB. If it is approved, this change would allow creations and redemptions in kind. This will allow investors to buy their actions against real bitcoin rather than money.
Last: the SEC recognized an amendment for the 19B-4 deposit of the NASDAQ to allow creations and redemptions in kind on Ishares Bitcoin ETF.
If it is approved, this would allow investors to buy their actions against #Bitcoin Instead of money. pic.twitter.com/j7LFH4RZMZ
– Cointtelegraph (@cointelegraph) February 7, 2025
Last: the SEC recognized an amendment for the 19B-4 deposit of the NASDAQ to allow creations and redemptions in kind on Ishares Bitcoin ETF.This decision could offer investors a more direct link with cryptocurrency, aligning the ETF more closely with the decentralized nature of Bitcoin and using those who seek to hold the assets itself rather than its equivalent in cash .
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