Trump Media Files for 'Crypto Blue Chip' ETF Holding Bitcoin, Ethereum, Solana..

[Liquid_Gas]

Many of you know it is clearly not normal for a US politician to be starting and running several new businesses while in office. Is somebody or something going to stop this guy soon, before he goes too far?

Trump Media and Technology Group is looking to launch another Truth Social-branded crypto ETF for Bitcoin, Ethereum, XRP, and more.
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The Truth Social Crypto Blue Chip ETF will be composed of Bitcoin, Ethereum, Solana, XRP, and Cronos.
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The filing calls attention to yet another crypto-based fund that could begin trading in the coming months from Trump Media, a publicly traded company co-founded by U.S. President Donald Trump. The firm previously filed for two other crypto ETFs: one focused on Bitcoin, and the other split between Bitcoin and Ethereum—with a holdings ratio of 75% BTC and 25% ETH.

Trump Media and Technology Group shares are trading at $19.12 as of writing time, up roughly 2% in the past 24 hours.

[Key Gen]

I enjoyed reading some of the reddit comments about this ETF filing, many people are saying the USA is being run by someone who is bad for cypto, not good at all. More on reddit.com: https://www.reddit.com/r/CryptoCurrency/comments/1lx2ozl/trump_launches_his_own_crypto_etf_from_inside_the/

[FinneysTrueVision]

The Cronos scam isn’t anywhere close to being considered a blue chip crypto. Even their bagholders hate this coin; they continue to hold only because of sunken costs.

Crypto.com inflated the supply of their token by more than 3x recently by reissuing 70 billion CRO that had been permanently burned. These coins weren’t distributed to their community but sent to wallets operated by Crypto.com. It’s pretty obvious they are using the proceeds from their money printing to bribe Trump.

If the people who were losing their minds over the Biden family’s shady dealings in Ukraine are willing to look past the Trump administration covering up the Epstein situation, then I doubt this will be a blip on their radar. Dems are too weak and spineless to do anything. If Trump can get away with covering for child rapists, he can get way with anything.

[Hispo]

This man has realized there is a lot of money to be done and grifted off the hands of the Crypto community, all of us, specially those who are not as informed as those who have been from the very beginning.
I would have guessed he would stop trying to grift all people in his country once he got in charge of the presidency, but it seems the salary he gets as President of the United States is not enough for him and his family.

Also, it would take a very close study to consider what a blue chip coin is, not long ago Terra Luna was considered to be one blue chip cryptocurrency and we all know how that ended up for both, the holders of the stablecoin and the holders of Luna.

There are some people who would not even consider XRP to be a blue chip crypto in the same way Ethereum and Bitcoin are, by the way.

[paxmao]

Yeap, well, in this forum he is promoting a positive crytoagenda, all other sins may be forgiven to be honest. In this context whatever sounds like crypto and particularly the creation of stablecoins - which are known to pump the value of bitcoin and other - is going to be applauded.

You will notice that most of the people do not have a second level of thinking and rarely can see past the next water bill or the next football Eurocup.

[Hispo]

Yeap, well, in this forum he is promoting a positive crytoagenda, all other sins may be forgiven to be honest. In this context whatever sounds like crypto and particularly the creation of stablecoins - which are known to pump the value of bitcoin and other - is going to be applauded.

You will notice that most of the people do not have a second level of thinking and rarely can see past the next water bill or the next football Eurocup.

Still believe this is just another way to keep getting money from people who invest into crypto currencies, honestly. Trump and his family have basically found out the potential they have to continue to get money by combining their personal branding and image with the use of cryptocurrencies and protocols/organizations with their names attached to them. It seems his salary as president of the United States is not enough for him, as he recently appeared selling perfume in one of his wacky videos promoting Trump Merchandise for his fans and political supporters.
I think it is the first time we have seen a president selling us cologne in a TV /Twitter commercial as a typical salesman you would encounter on a cable channel very early in the morning, those infamous infomercials...

[caroasi]

I wouldn't respect a basket crypto investment unless it included Monero because that is the only one of top 30 cryptocurrencies I'm aware of to overtly support the freedom of expression in all it's forms, with a clear support for our absolute right to remain silent at any and all times about our identity.