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US President Donald Trump’s media company accelerates its crypto game.
New York Stock Exchange gave a change in the rule that would allow her a list of truths of social bitcoin and ethereum etf, a dual actis fund Proposed last week by Trump Media and Technology Group.
If approved, the ETF would hold Bitcoins BTC and Ether ETH in a 3: 1 ratio and was cautious and made by Crypto.com, which also serves as a Fund liquidity provider.
The submission carried out within the 19B-4 SeC process represents a key procedural step towards public trading, but does not guarantee approval.
Comes less than a month after Trump Media said Get $ 2.4 billion Building your own BTC cash register, although not yet announced purchases.
In addition to the Social Social ETF, Trump Media and Yorkville are planning a full set of politically marked crypto products, including the first Bitcoin Fund America First, America First Blockchain Leaders Fund and Fund First Stablecoin Fund America.
Only ETF brands for the truth were formally administered for the SEC.
Read more: Truth Donald Trump for social ensembles for dual bitcoin and ether ETF
