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Trump Media backs 5 America-focused ETFs
Fox Business· 2025-09-19 14:41
Core Insights - A new suite of exchange-traded funds (ETFs) named "Truth Social Funds" is being developed, backed by Trump Media and Technology Group, focusing on American businesses and various sectors [1][2] - The funds will include themes such as domestic icons, security and defense, next frontiers, energy, and real estate investment in red states [1][2] - There is strong interest in these ETFs, which are expected to list on the New York Stock Exchange pending SEC approval later this year [2] Fund Details - The five initial funds are: - Truth Social American Icons ETF - Truth Social American Security & Defense ETF - Truth Social American Next Frontiers ETF - Truth Social American Energy Security ETF - Truth Social American Red State REITs ETF [7] - The company has received positive feedback, indicating a market gap for these investment options [5] Company Background - Trump Media and Technology Group is the parent company of Truth Social, a social media platform where Donald Trump engages with the public [9] - The largest shareholder of Trump Media is the Donald J. Trump Revocable Trust, which holds a 41% stake [11] - Yorkville America Equities will sponsor the funds, being an affiliate of Yorkville America [12]
Trump Media Reports First Quarter 2025 Results
GlobeNewswire News Room· 2025-05-09 21:00
~ Ended First Quarter with $759.0 Million in Cash/Investments ~ ~ Operations Consumed Just $9.7 million of Cash Despite $10.9 Million in Primarily Legacy Legal Fees ~ ~ Diversified into FinTech and Financial Services with Launch of Truth.Fi ~ ~ Preparing to Launch Truth+ Subscription Service ~ ~ Eyeing Further Expansion through Mergers/Acquisitions ~ SARASOTA, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media" or the "Company"), operator of ...