On June 16, 2025, Truth Social filed for Bitcoin and Ethereum ETFs with the SEC, targeting a listing on NYSE Arca. This action emphasizes a growing acceptance of cryptocurrency by public companies, suggesting potential positive price impacts for Bitcoin (BTC) and Ethereum (ETH) if approved.
Devin Nunes, CEO of Trump Media, stressed the importance of their Bitcoin treasury and the commitment to digital finance, indicating that the firm is prepared to aggressively enhance its cryptocurrency offerings, paving the way for future growth in this sector.
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