US President Donald Trump’s media company accelerates his cryptography game.
The New York Stock Exchange Tuesday filed a change of rule which would allow it to list the Bitcoin and ETF ETF social truth, an active double -based fund offered last week by Trump Media and Technology Group.
If it is approved, the ETF would hold Bitcoin BTC and Ether ETH in a 3: 1 ratio and would be kept and executed by Crypto.com, which also serves as a liquidity supplier of the fund.
The deposit, made as part of the 19B-4 process of the SEC, marks a key procedure stage to public trade but does not guarantee approval.
He comes less than a month after Trump Media said he would collect $ 2.4 billion to build his own BTC treasure, although there has been no purchase announced so far.
Beyond the Social Deposits ETF Truth, Trump Media and Yorkville provide for a full sequence of politically brand crypto products, including America First Bitcoin Fund, America First Blockchain Leaders Fund and America First Stablecoin Fund.
Only the FNBs of the truth brand have been officially deposited with the SEC so far.
Read more: Donald Trump’s social files of truth for Dual Bitcoin and Ether Etf
