Cryptocurrencies
Trump Memecoin Frenzy Spawns ETF Bid in Test of SEC Boundaries
- Debut of Trump namesake token sparks speculative frenzy
- Crypto ETF filers ‘push the envelope’ in hope of friendly SEC
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First the Trump memecoin, now the ETF.
Just days after Donald Trump sparked a speculative and controversial crypto frenzy — by launching namesake digital tokens in the run-up to his presidential inauguration — an upstart ETF firm is pitching an exchange-traded fund that will go all-in on the branded Trump coin.