The name of Donald Trump Trump Media & Technology Group (DJT) wants to launch a fund traded from Bitcoin’s exchange, marking another way the US president can participate financially in an increase in the digital assets that followed his elections.
Bitcoin Plus Etf’s plans announcement came this week after Trump Media said she had submitted to register trademark for a series of ETF under its new brand of truth.fi, including a “Made in America Etf “and” US Energy Etf Independence “.
The field from Trump Media, which is owned by the majority by the president, is that investors will be able to exhibit in areas that match the President’s economic advantages.
“We intend to give investors a means of investing in American energy, production and other firms that offer a competitive alternative to smart funds and deanity problems you find throughout the market,” said Trump Media Devin CEO Nunes in a press release.
“We are exploring a variety of ways to distinguish our products, including Bitcoin -related strategies.”
The announcement was the last example of how Trump may be able to benefit from investor investors for Cryptocurrency while also encouraging a more favorable industry adjustment in Washington, DC
Last year, while campaigning, Trump pledged to make the United States “the Crypto Capital of the Planet”, and shortly before taking office his team began the official currency for the 47th president (Trump) together with one for the first lady Melania Trump (Melania) in Blockchain Solana (Sol).
Fight Fight Fight LLC and CIC Digital LLC, an associate of the Trump organization, own 80% of the total Meme Coin supply, undergoing a three-year unlocking program, according to a detection on the Metme Coin website.
Trump and his sons are also supporters of World Liberty Financial, a special crying project they have promoted on social media.
In the first week of Trump in office he signed an executive action that created a presidential group to coordinate the creation of clear regulations for the digital assets industry and led the new working group to evaluate “the creation and possible maintenance of a stock national of digital assets. “
The group will be chaired by the White House and Crypto Czar David Sacks and will include the Treasury Secretary, the head of the Sec and other financial regulatory heads.
Trump repeated his support for the industry during a virtual speech at the World Economic Forum last month, saying he planned to make the “world capital of artificial intelligence and cryptos”.