Crypto’s Trump Bump is Still Working
The New York Stock Exchange.
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Kirk Ogunrinde and Emily Nicolle take a look at some of the benefits of doing business with the Trumps.
It’s widely accepted that Donald Trump’s warm embrace of crypto has been beneficial for digital assets, from boosting token prices to loosened regulatory enforcement. For those who go into business with the first family, there are other potential advantages.
Among the nonfungible tokens, glitzy watches and golden sneakers in Trump’s business empire sits a portfolio of exchange-traded funds, tied to his Truth Social brand. A filing on Tuesday plotted the company’s third ETF called the “Crypto Blue Chip” fund, which if approved, would offer exposure to Bitcoin, Ether, Solana, XRP and Cronos.