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 Alternate Fee to register a Bitcoin and Ethereum ETF, in response to 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 response to the registration assertion dated June 16, the proposed ETF would maintain 75% of its property in Bitcoin and the remaining 25% in Ethereum. If the SEC clears the way in which, the fund will checklist 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 relatively 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 providers for the Ethereum portion. That setup might ease SEC issues, given the regulator’s deal with 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 Cellular Smartphone and Service Plan
At a media occasion in Trump Tower, US President Donald Trump’s group launched “Trump Cellular,” a brand new cellphone 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 function because the forty seventh US President.
BREAKING: The Trump Group introduced Trump Cellular, which can supply 5G service beginning at $47.45 by the three main carriers and can 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 assist. Protection will run on present networks, with the Trump identify licensed relatively than the corporate constructing its personal towers.
Trump Cellular: Bundled Extras Intention To Entice Customers
In response to the corporate, Trump Cellular will bundle telemedicine visits, worldwide texting to 100 nations, and roadside help. Donald Trump Jr. highlighted these extras as a part of a flat‑payment package deal designed to face out from main carriers.
The concept is to supply extra than simply voice and knowledge—giving prospects a well being line and automotive assist all by one month-to-month invoice. The trademark purposes filed by DTTM Operations cowl telecom providers and equipment below the Trump model.
Featured picture from Joe Raedle/Getty Photographs, chart from TradingView
