US president’s media company Donald Trump is speeding up crypto.
The New York Stock Exchange filed for a change in rule on Tuesday that will allow to list the fact that Bitcoin and Ethereum ETF, a dual-asset fund It was only suggested last week by the Trump Media and Technology Group.
If approved, the ETF will hold Bitcoin BTC and ETH ETH in a 3: 1 ratio and can be cultivated and conducted by crypto.com, which also serves as a funding for funding.
The filing, made under the process of 19B-4 by the SEC, marks a key step in the procedure towards public trading but does not guarantee approval.
It comes less than a month after Trump’s media tells to do it Raise $ 2.4 billion To develop its own BTC Treasury, even no purchases have been announced to this day.
Beyond the reality of social filings of Social, Trump Media and Yorkville are planning a whole suite of political brand products with brand crypto products, including America First Bitcoin Fund, America First Blockchain Leaders Fund, and America First Stablecoin Income Fund.
ETFs with brand facts only formally filed in the SEC to this day.
Read more: The truth of Donald Trump’s social files for dual Bitcoin and Ether ETF
