Trump Media Makes Moves On Bitcoin And Smartphone | Crypto News
A new submitting reveals Trump Media & Technology Group shifting into both crypto and telecom markets. The company behind Truth Social and Truth+ has requested the US Securities and Exchange Commission to register a Bitcoin and Ethereum ETF, according to studies. At roughly the identical time, it unveiled plans for a $499 Trump‑branded smartphone and service plan.
Truth Social Bitcoin And Ethereum ETF
According to 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 best way, the fund will checklist on NYSE Arca under a sponsor settlement with Yorkville America Digital.
The plan is to store both cash in direct custody, which means the ETF will really maintain the digital tokens quite than futures contracts or different derivatives.
Crypto.com Handles Custody And Staking
Based on studies, Crypto.com will serve as the ETF’s sole custodian and prime execution agent. The company will also present staking and liquidity companies for the Ethereum portion. That setup may ease SEC considerations, given the regulator’s focus on secure storage and clear oversight.
Still, there’s no guarantee the ETF will win approval. Past spot crypto ETF proposals have confronted delays and rejections due to worries over market manipulation and investor safety.
Trump Mobile Smartphone and Service Plan
At a media occasion in Trump Tower, US President Donald Trump’s group launched “Trump Mobile,” a new cellphone and community service. The machine will promote for $499 beginning in September, and the month-to-month plan is priced at $47.45—a nod to Trump’s position as the forty seventh US President.
BREAKING: The Trump Organization introduced Trump Mobile, which can offer 5G service beginning at $47.45 through the three main carriers and might be releasing a cellphone in August referred to as the “T1 Phone.”
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 in the US, and call facilities right here will deal with buyer help. Coverage will run on current networks, with the Trump title licensed quite than the company building its own towers.
Trump Mobile: Bundled Extras Aim To Attract Users
According to the company, Trump Mobile will bundle telemedicine visits, worldwide texting to 100 international locations, and roadside help. Donald Trump Jr. highlighted those extras as half of a flat‑charge package deal designed to stand out from main carriers.
The concept is to offer more than just voice and knowledge—giving clients a health line and car help all through one month-to-month invoice. The trademark purposes filed by DTTM Operations cowl telecom companies and equipment under the Trump model.
Featured image from Joe Raedle/Getty Images, chart from TradingView
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