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A brand new submitting exhibits 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 Change Fee to register a Bitcoin and Ethereum ETF, in line with reviews. At roughly the identical time, it unveiled plans for a $499 Trump‑branded smartphone and repair plan.
Reality Social Bitcoin And Ethereum ETF
In line with the registration assertion dated June 16, the proposed ETF would maintain 75% of its property in Bitcoin and the remaining 25% in Ethereum. If the SEC clears the best way, the fund will checklist on NYSE Arca below a sponsor settlement with Yorkville America Digital.
The plan is to retailer each cash in direct custody, which means the ETF will truly maintain the digital tokens quite than futures contracts or different derivatives.
Crypto.com Handles Custody And Staking
Based mostly on reviews, Crypto.com will function the ETF’s sole custodian and prime execution agent. The corporate may even present staking and liquidity providers for the Ethereum portion. That setup might ease SEC considerations, 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 because of worries over market manipulation and investor safety.
Trump Cellular Smartphone and Service Plan
At a media occasion in Trump Tower, US President Donald Trump’s group launched “Trump Cellular,” a brand new cellphone and community service. The system 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 Cellular, which can provide 5G service beginning at $47.45 by means of the three main carriers and might be releasing a cellphone in August referred to as the “T1 Cellphone.”
The cellphone is described as “a modern, 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 title licensed quite than the corporate constructing its personal towers.
Trump Cellular: Bundled Extras Intention To Appeal to Customers
In line with the corporate, Trump Cellular will bundle telemedicine visits, worldwide texting to 100 international locations, 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 knowledge—giving clients a well being line and automotive assist all by means of one month-to-month invoice. The trademark purposes filed by DTTM Operations cowl telecom providers and equipment below the Trump model.
Featured picture from Joe Raedle/Getty Photos, chart from TradingView
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