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Trump Media is pushing deeper into crypto after filing to launch a bitcoin-ether ETF

created: June 16, 2025, 4:16 p.m. | updated: June 17, 2025, 4:23 p.m.

Trump Media & Technology Group wants to launch an exchange-traded fund to invest in the two biggest cryptocurrencies. Trump Media has already partnered with Crypto.com in a deal that offers retail investors access to crypto investments on Truth Social, Trump's social media platform. "We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets," Devin Nunes, the CEO of Trump Media, said in a statement at the time. He secured the support of crypto investors on the campaign trail with promises of more favorable regulation and the creation of a national bitcoin stockpile. In the days leading up to his inauguration, the president released a $TRUMP meme coin and promoted the crypto on his Truth Social account.

1 week, 5 days ago: News Ticker - markets.businessinsider.com