🇺🇸 Trump to launch a crypto ETF! Collaborates with Crypto․com, with a maximum investment of $250 million. The Trump Media & Technology Group (TMTG), owned by U.S. President Trump, announced that it has signed agreements with cryptocurrency exchange Crypto․com and asset management firm Yorkville America Digital. The plan is to launch a series of ETF/ETP products under its financial brand, covering digital assets and U.S.-manufacturing-oriented industries (such as energy). 📌 Key product details: ・Legal Advisor: Davis Polk & Wardwell LLP ・Broker: Foris Capital US LLC, a subsidiary of Crypto․com ・Custodian: Charles Schwab ・Planned Funding: TMTG will invest up to $250 million of its own funds ・Expected Launch Date: Late 2025, pending regulatory approval ・Launch Regions: U.S., Europe, and Asian markets 💰 Token impact: Driven by the news, Crypto․com's platform token $CRO surged to $0.093317, up 12.3% in the past 24 hours, becoming one of the biggest beneficiaries. 🤔 Will $WLFI collaboration projects and $TRUMP be included in the ETF? The official has not yet clarified which tokens will be included in the ETF scope. However, the market is highly focused on whether Trump's own project $WLFI, WLFI collaboration projects, and meme coin $TRUMP will be included. If included, it would be a significant boost to the prices and market recognition of these tokens.
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