A brand new submitting exhibits Trump Media & Know-how Group shifting into each crypto and telecom markets. The corporate behind Reality Social and Reality+ has requested the US Securities and Trade Fee to register a Bitcoin and Ethereum ETF, based on 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 property 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 quite 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 may even present staking and liquidity providers for the Ethereum portion. That setup might 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 cellphone 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 is able to supply 5G service beginning at $47.45 by way of the three main carriers and shall be releasing a cellphone in August known as the “T1 Telephone.”
The cellphone is described as “a smooth, 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 assist. Protection will run on current networks, with the Trump identify licensed quite than the corporate constructing its personal towers.
Trump Cell: Bundled Extras Intention To Entice Customers
Based on the corporate, Trump Cell 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‑price bundle designed to face out from main carriers.
The thought is to supply extra than simply voice and knowledge—giving prospects a well being line and automotive assist all by way of one month-to-month invoice. The trademark purposes filed by DTTM Operations cowl telecom providers and equipment underneath the Trump model.
Featured picture from Joe Raedle/Getty Photographs, chart from TradingView