A brand new submitting reveals Trump Media & Know-how Group transferring into each crypto and telecom markets. The corporate behind Reality Social and Reality+ has requested the US Securities and Alternate Fee to register a Bitcoin and Ethereum ETF, in accordance with studies. At roughly the identical time, it unveiled plans for a $499 Trump‑branded smartphone and repair plan.
Reality Social Bitcoin And Ethereum ETF
Based on 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 underneath 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 slightly than futures contracts or different derivatives.
Crypto.com Handles Custody And Staking
Primarily based on studies, Crypto.com will function the ETF’s sole custodian and prime execution agent. The corporate will even present staking and liquidity companies for the Ethereum portion. That setup may ease SEC issues, 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 on account of 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 telephone 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 probably be releasing a telephone in August referred to as the “T1 Cellphone.”
The telephone is described as “a glossy, 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 present networks, with the Trump title licensed slightly than the corporate constructing its personal towers.
Trump Cell: Bundled Extras Goal To Appeal to Customers
Based on 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 bundle designed to face out from main carriers.
The thought is to supply extra than simply voice and knowledge—giving clients a well being line and automobile assist all by means of one month-to-month invoice. The trademark purposes filed by DTTM Operations cowl telecom companies and equipment underneath the Trump model.
Featured picture from Joe Raedle/Getty Pictures, chart from TradingView
