A brand new submitting exhibits Trump Media & Know-how Group shifting into each crypto and telecom markets. The corporate behind Fact Social and Fact+ has requested the US Securities and Change Fee to register a Bitcoin and Ethereum ETF, in line with experiences. At roughly the identical time, it unveiled plans for a $499 Trump‑branded smartphone and repair plan.
Fact Social Bitcoin And Ethereum ETF
In keeping with the registration assertion dated June 16, the proposed ETF would maintain 75% of its belongings in Bitcoin and the remaining 25% in Ethereum. If the SEC clears the way in which, the fund will checklist on NYSE Arca underneath a sponsor settlement with Yorkville America Digital.
The plan is to retailer each cash in direct custody, which means the ETF will truly maintain the digital tokens slightly than futures contracts or different derivatives.
Crypto.com Handles Custody And Staking
Based mostly on experiences, Crypto.com will function the ETF’s sole custodian and prime execution agent. The corporate may also present staking and liquidity companies for the Ethereum portion. That setup may ease SEC issues, given the regulator’s give attention to safe storage and clear oversight.
Nonetheless, there’s no assure the ETF will win approval. Previous spot crypto ETF proposals have confronted delays and rejections as a result of worries over market manipulation and investor safety.
Trump Cell Smartphone and Service Plan
At a media occasion in Trump Tower, US President Donald Trump’s group launched “Trump Cell,” a brand new cellphone and community service. The gadget will promote for $499 beginning in September, and the month-to-month plan is priced at $47.45—a nod to Trump’s position because the forty seventh US President.
BREAKING: The Trump Group introduced Trump Cell, which is able to supply 5G service beginning at $47.45 via the three main carriers and might be releasing a cellphone in August referred to as the “T1 Telephone.”
The cellphone is described as “a glossy, gold smartphone engineered for efficiency and… pic.twitter.com/jhtXRLveJZ
— RedWave Press (@RedWave_Press) June 16, 2025
The cellphone itself is made within the US, and name facilities right here will deal with buyer help. Protection will run on present networks, with the Trump title licensed slightly than the corporate constructing its personal towers.
Trump Cell: Bundled Extras Intention To Appeal to Customers
In keeping with the corporate, Trump Cell will bundle telemedicine visits, worldwide texting to 100 international locations, and roadside help. Donald Trump Jr. highlighted these extras as a part of a flat‑payment bundle designed to face out from main carriers.
The thought is to supply extra than simply voice and information—giving clients a well being line and automobile assist all via one month-to-month invoice. The trademark purposes filed by DTTM Operations cowl telecom companies and equipment underneath the Trump model.
Featured picture from Joe Raedle/Getty Pictures, chart from TradingView
