Trump's media group eye and political major ETF
President Donald Trump's finance and media companies are targeting the ETF industry and plans to pass their new truth. The FI brand has launched funds and cryptocurrency investment, focusing on “enhanced the investment of the patriotic economy.”
The company's Trump Media & Technology Group Corp has not announced a specific exchange trading fund on Wednesday. The press release states that Charles Schwab Corp., the fifth largest publisher in the United States,
The move happened in a series of administrative orders and remarks for nine days in a series of administrative orders and remarks to promote global economy and culture in a more conservative direction. After the company was banned from Twitter's website in 2021, after saying “no political discrimination, canceling culture and mastering large -scale technology”, the company aims to maintain Trump's truth social platform and say on his website. The first investment instrument in the United States.
TMTG's stock price increased by 6.4 % in the afternoon transactions.
The project “” Devin Nunes, a former California Parliament, who has taken a strong ecosystem, said in a statement.
This represents the growth trend of investment products that cater to political ideology. Trump (Trump.Fi) has joined the existing conservative funds, such as God bless the American ETF (Yall) and Point Bridge American FIRST ETF (MAGA) Provide alternatives for traditional ESG investment.
The announcement was a announcement after Republicans recently discriminated against major banks. During the presentation of the World Economic Forum held last week, President Trump directly challenged the CEO Brian Moynihan, which was the claim of the Conservative Party “locking” banking services.
Fir.Fi's investment tools will require regulatory agencies to approve, especially products related to encryption. ETFs driven by politics and ideology have always been trying to win a wider market index in history.
According to regulatory documents, President Trump has 114,750,000 Trump media through the withdrawal trust, which is also a stock with stock DJT.