Trump Family Crypto Drama Meme Coin Wallet Denied ETF

Trump family crypto news stayed busy today. Reports said a special TRUMP meme coin wallet would launch soon. Donald Trump Jr. quickly denied these claims. He confirmed World Liberty Financial will release their wallet instead.

Trump Media filed papers with the SEC for a Bitcoin ETF. The company wants to list the Truth Social Bitcoin ETF on NYSE Arca. Trump Media already got board approval to spend 250 million dollars on custom investment products under Truth.Fi.

The company launched Truth.Fi back in April with two partners. Yorkville America Equities and Index Technologies Group helped create the service. Trump Media raised 2.5 billion dollars last week to build a Bitcoin Treasury.

About 50 big investors bought company stock and notes. The deals brought in 1.5 billion through stock sales. Another billion came from convertible notes. President Trump hosted dinner for top TRUMP coin holders recently. The meme coin sparked debates across political and crypto communities.
 

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