Analysis: If approved, Trump Media Technology Group's BTC and ETH ETFs will compete with giants such as BlackRock

Odaily Planet Daily News: According to a document submitted to the US Securities and Exchange Commission on Monday, the Trump Media Technology Group (DJT. O) is seeking to launch an ETF that will invest in the two largest cryptocurrencies, Bitcoin and Ethereum. This marks the second cryptocurrency ETF application submitted by this social media company associated with Trump in less than two weeks. If approved, the Truth Social Bitcoin ETF and the Truth Social Bitcoin&Ethereum ETF will enter a crowded and fiercely competitive market already dominated by a few well-known asset management companies such as BlackRock, whose iShares Bitcoin ETF has $72.5 billion in assets. (Golden Ten)