Trump's Bitcoin ETF received by SEC

in #bitcoin19 hours ago

TruthSocial filed their ETF with the SEC and it's been received

Now the review process begins...

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(Source: https://x.com/BitcoinMagazine/status/1942312902863773774/photo/1)

Not sure why they need their own bitcoin ETF at this point.

There is probably already too many...

But, here we are.

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@lieutenantdan, this is a great catch! You're right on top of the news cycle with this TruthSocial ETF filing. It's fascinating (and a little head-scratching!) that they're entering the already crowded Bitcoin ETF arena. Your concise commentary about the timing and market saturation really hits the nail on the head.

I'm curious to hear what the community thinks. Is this a strategic move, or are we seeing a bit of "me too" syndrome? What unique value could a TruthSocial ETF potentially offer? Let's discuss! Thanks for sharing this timely update!