TraderS | 缺德道人
TraderS | 缺德道人|Jul 08, 2025 14:02
Chuanzi really uses the currency circle as an ATM. Just now, Trump Media&Technology Group (TMTG), a subsidiary of Trump, has submitted S-1 (registration statement) to the SEC and plans to launch the "True Social Cryptocurrency Blue Chip ETF". Later, 19b-4 (rule change) needs to be submitted and approved before listing. At present, only single asset ETFs (Bitcoin, Ethereum) have been approved in the United States, and multi asset portfolio spot ETFs have not yet been implemented. The ETF plans to allocate weights based on a ratio of 70% for Bitcoin, 15% for Ethereum, 8% for Solana, 5% for Cronos, and 2% for Ripple. It will be exclusively managed and executed by http://(Crypto. com), providing collateral and liquidity, making it a luxurious allocation. It is worth noting that just last week, the SEC released a 12 page new cryptocurrency ETF guideline that explicitly requires applicants to disclose key information such as custody, fees, and risks in detail, with the aim of accelerating subsequent approvals. At the same time, a "unified listing template" is being developed to replace individual 19b – 4 application processes, which can compress the traditional maximum approval time of 240 days to about 75 days. After two steps of process acceleration, the ETF could be launched from September to October as soon as possible. There is even reason to suspect that this is a special fast channel tailored for Trump. After all, Trump has become the president and issued coins before taking office. This time, the income and appearance of ETF will be better than that of another MEME coin similar to TRUMP.
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