Donald Trump's media company has filed for a Bitcoin and Ethereum exchange-traded fund (ETF), prompting fresh concerns over potential conflicts of interest as the U.S. President remains active in both politics and cryptocurrency ventures.
Trump Media, the parent company of social platform Truth Social, announced on Monday it had submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin and Ethereum ETF.
According to the filing, the proposed Truth Social Bitcoin and Ethereum ETF would allocate 75% of its assets to Bitcoin and 25% to Ether, aiming to mirror the price performance of the two leading cryptocurrencies.
The firm named Crypto.com as the exclusive custodian, prime execution agent, and liquidity provider, also covering staking services. Trading of ETF shares is set to begin on the NYSE Arca stock exchange, pending SEC approval and rule change authorization.
Trump Media operates a broader ecosystem of digital products, including the Truth Social network, the streaming service Truth+, and the financial technology brand Truth.Fi.
Iranian state television on Tuesday called on citizens to delete WhatsApp from their smartphones, claiming without providing specific evidence that the Meta-owned messaging platform was collecting user data to send to Israel.
As Armenia prepares to host the 8th European Political Community Summit and Baku gets ready for the 12th, Caucasus Now explores a critical question: are external actors truly invested in peace between Armenia and Azerbaijan?
Texas has halted new funding for construction of the U.S.-Mexico border wall, a major policy shift after four years of investment in one of Governor Greg Abbott’s flagship immigration initiatives.
Our NewsHour presenter Guy Shone examined the geopolitical ripple effects of the escalating conflict between Israel and Iran during the G7 summit, where U.S. President Donald Trump’s early exit drew worldwide attention.
Australia is set to begin negotiations on a new security and defence partnership with the European Union, while also pushing for a long-anticipated trade agreement, Prime Minister Anthony Albanese announced at the G7 summit.
Iranian state television on Tuesday called on citizens to delete WhatsApp from their smartphones, claiming without providing specific evidence that the Meta-owned messaging platform was collecting user data to send to Israel.
Texas has halted new funding for construction of the U.S.-Mexico border wall, a major policy shift after four years of investment in one of Governor Greg Abbott’s flagship immigration initiatives.
Australia is set to begin negotiations on a new security and defence partnership with the European Union, while also pushing for a long-anticipated trade agreement, Prime Minister Anthony Albanese announced at the G7 summit.
Japanese Prime Minister Shigeru Ishiba announced on Tuesday that Japan and the United States have not reached a comprehensive tariff agreement, with key disagreements persisting between the two economic powers.
U.S. President Donald Trump has publicly disputed the intelligence community's assessment of Iran's nuclear activities, marking a notable split between the White House and the Office of the Director of National Intelligence (ODNI) at a time of heightened tensions in the Middle East.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
Los Angeles businesses report significant losses as immigration raids prompt many workers and customers to stay home, raising concerns over broader economic effects.
Global oil demand will continue rising until around 2030, even as China’s consumption peaks in 2027, driven by low U.S. gasoline prices and slower EV adoption, the International Energy Agency (IEA) said on Tuesday.
Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming from the Iran-Israel conflict.
Central banks around the world expect their gold holdings as a proportion of their reserves to increase over the next five years while expecting their dollar reserves to be lower, a survey by the World Gold Council (WGC) showed.
Dozens of public companies, including one founded by Donald Trump, are adding bitcoin to their balance sheets, betting big on crypto amid soaring prices and political backing from the U.S. President.
Iranian state television on Tuesday called on citizens to delete WhatsApp from their smartphones, claiming without providing specific evidence that the Meta-owned messaging platform was collecting user data to send to Israel.
Texas has halted new funding for construction of the U.S.-Mexico border wall, a major policy shift after four years of investment in one of Governor Greg Abbott’s flagship immigration initiatives.
Australia is set to begin negotiations on a new security and defence partnership with the European Union, while also pushing for a long-anticipated trade agreement, Prime Minister Anthony Albanese announced at the G7 summit.
Japanese Prime Minister Shigeru Ishiba announced on Tuesday that Japan and the United States have not reached a comprehensive tariff agreement, with key disagreements persisting between the two economic powers.
U.S. President Donald Trump has publicly disputed the intelligence community's assessment of Iran's nuclear activities, marking a notable split between the White House and the Office of the Director of National Intelligence (ODNI) at a time of heightened tensions in the Middle East.
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