Trump to launch Bitcoin ETF himself

Author: Bo Wen

On February 5, 2025, according to GblobeNewswire,Trump Media and Technology Group Corp. (hereinafter referred to as TMTG) announced thatthe company has applied to register brand names related to its ETFs and SMAs, and plans to launch these products starting this year.

The trademark names include Truth.Fi Bitcoin Plus ETF, Truth.Fi Bitcoin Plus SMA,Trumpwill become the first US president to issue a Bitcoin ETF.

TMTG

TMTG was founded in 2021 to challenge the suppression of free speech by big tech companies and promote free expression and an open internet. The company operates the social media platform Truth Social, the TV streaming service Truth+, and Truth.Fi, which covers financial services and fintech.

The Trump family is the actual controller of TMTG, and Donald Trump himself, as a major shareholder and decision maker, plays an important role in the development of the company. The previously popular $TRUMP coin was first-hand information released on the media platform Truth Social.

For details, please refer to:US President Trump's coin issuance soared 1250%, Bitcoin ushered in a new era of legal virtual economy in the world

According to the announcement, the registered trademarks applied for by TMTG this time include:

- Truth.Fi Made in America ETF

- Truth.Fi Made in America SMA

- Truth.Fi US Energy Independence ETF

TMTG CEO and Chairman of the Board Devin Nunes said: "Our goal is to provide investors with access to U.S. energy, manufacturing and other companies that can provide a competitive alternative to the 'woke funds' and de-banking issues prevalent in the market.

We are exploring a variety of ways to differentiate our products, including strategies related to Bitcoin. We will continue to optimize our planned product lineup to create investment options that best align with the 'America First' principle."

Yorkville President Mark Angelo said: "Yorkville is pleased to work with Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, said TMTG’s Bitcoin ETF may not gain the same traction as companies like BlackRock, but it will still be significant.

“Despite the Trump brand, these projects may be insignificant in terms of asset aggregation compared to IBIT, FBTC, etc. That being said, the fact that they launched this project itself adds content to the mainstreaming narrative, which is important. ”