Trump Media and Technology Group Set to Launch America-Focused ETFs and Bitcoin Fund
Key Points:
- Trump Media and Technology Group plans to launch ETFs focused on U.S. manufacturing, energy independence, and Bitcoin, under its new Truth.Fi financial platform.
- The company has partnered with Yorkville Advisors to manage the approval process and regulatory compliance for the new financial products.
Trump Media and Technology Group (TMTG) has unveiled plans to launch a series of exchange-traded funds (ETFs) and other investment products centered around U.S. manufacturing, energy independence, and Bitcoin.
Read more: Trump Media Company Is Pushing New Venture For Crypto Service
Trump Media and Technology Group Unveils Plans for New ETFs Focused on U.S. Industries and Bitcoin
The products, which will be offered through the company’s new Truth.Fi financial platform, include the “Truth.Fi Made in America ETF,” the “Truth.Fi U.S. Energy Independence ETF,” and the “Truth.Fi Bitcoin Plus ETF.”
Trump Media and Technology Group, a company majority-owned by Trump, has applied for trademarks for six investment products. These offerings will include the three aforementioned ETFs, as well as separately managed accounts (SMAs) focusing on similar themes.
The funds will be reviewed by the U.S. Securities and Exchange Commission (SEC) before they can be launched. The company has not disclosed a specific timeline but aims to debut the products this year, pending regulatory approval.
Truth.Fi Platform Set to Expand TMTG’s Reach into Financial Sector
To facilitate the approval process, TMTG has engaged Yorkville Advisors, a small New Jersey-based firm. Yorkville will act as the Registered Investment Advisor (RIA) for the funds, overseeing their development and ensuring compliance with financial regulations.
The launch of these financial products marks TMTG’s expansion into the financial sector, building on its existing operations in social media with Truth Social and video streaming with Truth+.
With the introduction of Truth.Fi, TMTG aims to offer investors financial products that reflect Trump’s “America First” agenda, combining support for U.S. industry and energy with an eye on the growing cryptocurrency market.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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