SEC acknowledges Trump's Truth Social Bitcoin and Ethereum ETF

INSUBCONTINENT EXCLUSIVE:
(ETH) through shares listed on NYSE Arca backed by the crypto assets, with 75% allocated to Bitcoin and 25% to Ether, according to the
a simplified listing structure for crypto ETFs that would automate a significant portion of the approval process.Truth Social crypto ETF
tracks Bitcoin and EtherTruth Social proposes that the net asset value of its ETF will be evaluated each day with the Bitcoin portion based
on the CME CF Bitcoin reference rate, which is calculated by aggregating trade data from multiple major crypto exchanges.The Ether in the
to the filing, and hold the private keys in cold storage.Truth Social first filed an S-1 form with the SEC for the dual crypto ETF on June
on Monday that reports of the SEC asking issuers of SOL spot ETFs to amend and refile applications by the end of the month are another