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 Trade Fee to register a Bitcoin and Ethereum ETF, in keeping 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 response to 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 checklist on NYSE Arca beneath a sponsor settlement with Yorkville America Digital.
The plan is to retailer each cash in direct custody, that means the ETF will truly maintain the digital tokens moderately 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 will even 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 resulting from worries over market manipulation and investor safety.
Trump Cell Smartphone and Service Plan
At a media occasion in Trump Tower, US President Donald Trump’s group launched “Trump Cell,” a brand new cellphone and community service. The gadget 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 Cell, which can provide 5G service beginning at $47.45 by means of the three main carriers and will likely be releasing a cellphone in August known as the “T1 Cellphone.”
The cellphone is described as “a smooth, 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 help. Protection will run on current networks, with the Trump identify licensed moderately than the corporate constructing its personal towers.
Trump Cell: Bundled Extras Intention To Appeal to Customers
In response to the corporate, Trump Cell 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 thought is to supply extra than simply voice and information—giving prospects a well being line and automobile assist all by means of one month-to-month invoice. The trademark functions filed by DTTM Operations cowl telecom providers and equipment beneath the Trump model.
Featured picture from Joe Raedle/Getty Pictures, chart from TradingView
