A brand new submitting reveals 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 accordance with reviews. At roughly the identical time, it unveiled plans for a $499 Trump‑branded smartphone and repair plan.
Fact Social Bitcoin And Ethereum ETF
In accordance 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 record on NYSE Arca below a sponsor settlement with Yorkville America Digital.
The plan is to retailer each cash in direct custody, that means the ETF will really maintain the digital tokens reasonably than futures contracts or different derivatives.
Crypto.com Handles Custody And Staking
Primarily based on reviews, Crypto.com will function the ETF’s sole custodian and prime execution agent. The corporate can even present staking and liquidity providers for the Ethereum portion. That setup may ease SEC considerations, 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 because of worries over market manipulation and investor safety.
Trump Cellular Smartphone and Service Plan
At a media occasion in Trump Tower, US President Donald Trump’s group launched “Trump Cellular,” a brand new telephone and community service. The machine 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 Cellular, which is able to provide 5G service beginning at $47.45 via the three main carriers and will likely be releasing a telephone in August referred to as the “T1 Telephone.”
The telephone is described as “a smooth, gold smartphone engineered for efficiency and… pic.twitter.com/jhtXRLveJZ
— RedWave Press (@RedWave_Press) June 16, 2025
The telephone itself is made within the US, and name facilities right here will deal with buyer assist. Protection will run on current networks, with the Trump title licensed reasonably than the corporate constructing its personal towers.
Trump Cellular: Bundled Extras Intention To Entice Customers
In accordance with the corporate, Trump Cellular 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 concept is to supply extra than simply voice and information—giving prospects a well being line and automobile assist all via one month-to-month invoice. The trademark functions filed by DTTM Operations cowl telecom providers and equipment below the Trump model.
Featured picture from Joe Raedle/Getty Photos, chart from TradingView
