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Trump Media Files New Trademark for Truth Social on Thursday- Truth.Fi Bitcoin and energy ETFs Stand Out
After launching Truth.Fi last week, the President’s firm is making yet another move. Investors can target the Bitcoin Plus ETF and SMA
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Prabaha Gupta
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The owner of Truth Social has finally filed for a trademark. The Trump Media Group will launch its ETF under the TM.
The announcement came in from Trump Media and Technology Group today. The prime owner of this group is President Donald Trump. His company filed trademarks for multiple ETFs and separately managed accounts related to the Truth Social platform.
6 Primary TMs Filed
Trump Media filed for 6 main trademarks. The first and most anticipated of the list is Truth.Fi, other than Truth.Fi SMA and the US energy independent ETF. Not to forget the Truth.Fi Bitcoin plus SMA.
On 6th Feb, CEO Devin Nunes said in an interview that Trump Media is helping to regulate funds. The funds help investors to invest in energy, manufacturing, and other sectors of the US. According to him, it is a competitive switch from woke funds and its debunking issues that other countries usually face.
Nunes also said that Trump Media is expiring different ways to separate the products including unique strategies associated with Bitcoin.
Truth.Fi the proposed fund requires a basic investment of a threshold of $250 million. Going forward, Charles Schwab will manage the funds.
Frequently Asked Questions (FAQs)
Truth.Fi is a platform that offers investments and crypto. Now it will include a range of new ETFs.
A series of new 6 funds will be created with the TMs requested on 6th Feb. New means to invest in Bitcoin.
Prabaha Gupta
Editor
Meet Prabaha, a passionate cryptocurrency enthusiast and experienced trader, with a deep understanding of blockchain technology and digital assets. With years of hands-on experience in navigating the volatile crypto markets, Prabaha shares expert insights, strategies, and up-to-date trends to help both new and seasoned traders make informed decisions. When not analyzing charts or writing about market movements, Prabaha stays ahead of the curve by exploring emerging technologies within the crypto space.
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