Trump Media Company introduces Bitcoin Plus ETF registration, aiming to attract $250 million in capital. Charles Schwab to collaborate.
Trump Media and Technology Group (TMTG) officially entered the Exchange-Traded Fund (ETF) arena by submitting a registration request for Truth.Fi Bitcoin Plus ETF, focusing on Bitcoin (BTC) ETFs and fintech services. The company plans to launch a series of ETFs and Separately Managed Accounts (SMA) including the America Production ETF, America Energy Independence ETF, and Bitcoin-related ETFs. It is anticipated that this project will attract up to $250 million in capital, with Charles Schwab responsible for custody and collaboration with TMTG in developing SMA products.
