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Trump Media & Technology Group files for Bitcoin ETF
Proactiveinvestors NA· 2025-06-05 16:53
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Trump Media Files Registration Statement for Bitcoin ETF
Globenewswire· 2025-06-05 12:43
Core Viewpoint - Trump Media and Technology Group Corp. has filed an initial registration statement for the Truth Social Bitcoin ETF, which aims to directly hold bitcoin and reflect its price performance [2][3]. Group 1: ETF Details - The Truth Social Bitcoin ETF will be custodied by Crypto.com, which will also serve as the prime execution agent and liquidity provider [3]. - The ETF's shares will be listed on NYSE Arca upon the effectiveness of the registration statement and SEC approval [3]. Group 2: Company Overview - Trump Media operates the social media platform Truth Social, the streaming service Truth+, and the FinTech brand Truth.Fi, focusing on free speech and family-friendly content [5]. - The company aims to counteract perceived censorship by Big Tech and provide a platform for free expression [5].
Trump's Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing
CNBC· 2025-06-04 00:00
Group 1 - Truth Social platform is moving closer to launching a bitcoin exchange-traded fund (ETF) for everyday investors [1][2] - NYSE Arca has filed to list a bitcoin fund linked to Trump Media, which is a necessary step for regulatory approval [2] - The Truth Social Bitcoin ETF aims to track bitcoin prices, providing a simpler investment method without direct asset ownership [3] Group 2 - Trump Media has partnered with Crypto.com to introduce a range of digital asset products, pending regulatory approval [3][4] - Planned offerings include cryptocurrency baskets and traditional securities, targeting global investors through major brokerage platforms [4] - The bitcoin ETF market has grown significantly since January 2024, reaching over $130 billion in total assets, with BlackRock's iShares Bitcoin Trust being the largest [5] Group 3 - Trump Media & Technology Group, majority-owned by Trump, has made several crypto-related moves, including a $2.5 billion bitcoin treasury plan [6] - If approved, the ETF would be a politically connected entry into the expanding bitcoin fund market [6]
暴涨暴跌!内幕哥8亿杠杆拉满,40倍杠杆做多BTC,比特币后市如何操作?清仓后ETH剑指3000?美联储年不降息了?还有利好吗?
Sou Hu Cai Jing· 2025-05-23 03:22
Group 1 - Ethereum co-founder Jeffrey sold $260 million worth of ETH, indicating a potential market top [2][3] - Jeffrey's previous sales were at high prices, suggesting he has a track record of selling near market peaks [2] - The recent price increase of Ethereum from $1,390 to $2,736 suggests it is nearing a top, following a historical pattern where price doubling often indicates a market peak [4][6] Group 2 - Bitcoin's price history shows that significant price increases often lead to corrections, with the current price nearing a potential top [6][10] - The influx of institutional money, particularly from Wall Street, has stabilized Bitcoin's price despite market volatility [12] - A notable trader opened an $800 million long position on Bitcoin with 40x leverage, indicating high risk and potential for significant gains or losses [14][16] Group 3 - Upcoming PCE inflation data is expected to show a modest increase of 0.13%, which may positively impact market sentiment [18][19] - Federal Reserve officials have indicated that interest rate cuts will be limited this year, maintaining a hawkish stance [20][24] - Rising U.S. Treasury yields and recent downgrades in U.S. debt ratings highlight increasing financial pressures [22][24]