Trump for the media is accelerating the encryption endeavors and the ETF file files star-news.press/wp

Social Media Company for President Donald Trump Declare On Tuesday, it is planned to launch a new exchange box (ETF), which will track the prices of five different encrypted currencies.

The company presented the paper to the US Securities and Stock Exchange Committee (SEC) on Tuesday, with the aim of agreeing to submit “Crypto Blue Chip ETF” later this year.

New encryption ETF ETF

The proposed Crypto ETF is designed to customize 70 % of its holdings in Bitcoin (BTC), which is the leading cryptocurrency, with additional 15 % in ETHEREUM (ETH), the second largest digital asset.

It will also include 8 % in Solana (SOL), holds 5 % in XRP, the encrypted currency developed by Ripple Labs, and 2 % in Digital assets Created by Crypto.com (CRO), which was appointed to serve as an ETF digital guard.

This last offer follows the previous TROMP Media ads about ETF the simplest encryption that only included Bitcoin and Ethereum. However, it is still unclear whether the company intends to move forward in this initial concept.

ETFS encryption Popularity increased, providing investors a simplified way to exposure to the encryption market without the need to buy assets directly. The increasing interest in these funds was clear since the Investment Funds in the first Bitcoin began in the American market last year.

Trump’s encryption strategy for the United States

Recent developments in SEC organizational guidance can facilitate the launch of these products. The agency has taken movements towards creating a more suitable environment for encryption companies, including dropping or stopping many enforcement measures against Encryption companies Since Trump took office.

Over the course of last month, the organizational agency, under the leadership of SEC’s chairman, has advanced to Crypto, forward to end legal conflicts with the main players, such as Binance, Coinbase and Uiswap.

Interestingly, Trump’s position on Bitcoin has also developed significantly. Once skeptical in encrypted currencies, it has since adopted the industry, which has become a source of major contributions to the campaign and support.

While the Trump administration actively supported the friend’s regulations for encryption, that aroused eyebrows among critics. Obstacles to possible corruption have emerged from Democrats, as well as fears of some within the encryption community about the effects of the Trump family Trade projects encryption.

At a recent press conference, Trump dealt with these concerns, stressing that his family’s investments were perfectly suitable and highlighting his administration’s commitment to making the United States the global leader in the encrypted currency. “If we do not have that, China will work,” the president said.

At the time of writing this report, the official Memecoin is trading Trump at $ 8.58. This represents a 17 % decrease during the past month and a decrease of 88 % of the record number of $ 73, which was reached 24 hours after the unique symbol was launched.

Distinctive image from Dall-E, Chart from TradingView.com

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