Well, isn’t this simply the cat’s pajamas? Trump Media, ever the showman, is gallantly waltzing into the crypto ballroom with plans to debut exchange-traded funds (ETFs) that nod politely to his America First fanfare. This little number follows a flirtation last month between Trump Media and Crypto.com, a digital playground for digital assets, allied with the rather dashing broker-dealer Foris LLC and the equally urbane Yorkville America Digital from New Jersey.
These financial frolics are expected to grace the markets later this year, contingent, of course, on the SEC deigning to give its blessing. One’s toes are crossed as these ETFs prepare to strut not just across the U.S. stage, but internationally. Yet, one might note with a raised eyebrow, the SEC filings are still AWOL in the regulatory boudoir.
Devin Nunes, the sprightly CEO of Trump Media, declared with a sparkle worthy of a late-night revue that they look forward to tempting investors who fancy the sizzling potential of both the American economy and those ever-enigmatic digital assets.
Meanwhile, Crypto.com has pattered off with a jaunty update: the SEC’s 2024 snooping is over, and no one’s getting a stern talking-to. In other words, all’s well that ends well in the crypto soap opera. 💁♂️
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2025-04-23 12:01