According to Aggr News, Trump Media and Technology Group (TMTG) owns Truth Fi has applied to register for the "Truth. Fi Bitcoin Plus ETF", marking its entry into the Bitcoin ETF and fintech services sector.
TMTG plans to launch multiple ETFs and custom investment accounts (SMAs), including US made themed ETFs, US energy independent ETFs, and Bitcoin related ETFs. The project is expected to receive up to $250 million in investment, managed by Charles Schwab and in collaboration with TMTG to develop SMA products.