NiftyNoon: Will Trump's Truth Social Make Crypto ETFs Great Again? 🇺🇸🟠🔷
Trump Media and Technology Group files for a spot Bitcoin and Ethereum ETF, with Crypto.com as custodian (June 17, 2025)
Nifty Thought:
Donald Trump's Truth Social has filed an S-1 with the SEC to launch a spot Bitcoin and Ethereum ETF. The proposed ETF will allocate 75% of its capital to Bitcoin and the remaining 25% to Ethereum, with Crypto.com serving as the custodian and liquidity provider. This move aligns with the Trump family's existing crypto interests, as their DeFi project, World Liberty Financial, is heavily focused on Ethereum. The filing comes after the SEC's approval of Trump Media and Technology Group’s $2.3 billion Bitcoin treasury deal, and if approved, the fund would join other prominent crypto ETFs from firms like BlackRock and Grayscale.
Highlighted News:
📜 Trump's Truth Social has filed for a dual Bitcoin & Ethereum ETF:
https://x.com/JSeyff/status/1934591572710211587
🔴 Tron plans to go pubic and form a MSTR type company with Eric Trump:
https://x.com/tier10k/status/193459038760932150GRlMshaOZRN02eXg
🃏 @MemeStrategy, a publicly listed company on the Hong Kong Stock Exchange, has acquired 2,440 $SOL worth ~HKD 2.9M:
https://x.com/solanafloor/status/1934527616351891732?s=46
📈 Cantor initiates on Solana treasury companies (HODL CN, DFDV, UPXI) w/ OUTPERFORM ratings:
https://x.com/matthew_sigel/status/1934576630707744797?s=46
Project and Community News:
Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin: https://x.com/saylor/status/1934582626448236794?s=46
"Iran should have signed the “deal” I told them to sign –President Donald J. Trump: https://x.com/whitehouse/status/1934745869821370570
El Salvador buys 240 $BTC since IMF Non-Accumulation Agreement: https://x.com/TheDustyBC/status/1934630796993921141
XRP is on the rise as Purpose Investments wins regulatory approval for the first XRP ETF in Canada: https://x.com/CoinDesk/status/1934671514101600733
Coinshares jumping into the Solana spot ETF race with new filing this morning: https://x.com/EricBalchunas/status/1934569918445563970
@brian_armstrong in London to meet with policymakers on how the UK can position itself competitively in the global race for crypto: https://x.com/brian_armstrong/status/1934721230138966159?s=46
Coinbase & Gemini are set to receive EU-wide crypto licenses under MiCA: https://x.com/Crypto_Potato/status/1934656916346593607
Unipcs(@theunipcs) spent $381.9K to buy 28.08M $USELESS($2.4M) and hasn't sold a single token, with an unrealized profit of over $2M: https://x.com/lookonchain/status/1934433509327958165?s=46
New post out now on HyperLiquid & HyperEVM: https://x.com/Zeneca/status/1934630330767704085
The PUMP token is currently trading at $6B FDV pre-market on Aevo: https://x.com/Tyler_Did_It/status/1934675020334420076
The Onchain Yield Flywheel - A New Approach to Token Economics: https://x.com/wasabi_protocol/status/1934659133405384876?s=46
Sonic Airdrop Season 1: https://x.com/soniclabs/status/1934281393191968872?s=46
X suspends crypto meme coin platform Pump․fun: https://x.com/WatcherGuru/status/1934699231920439517
FARTCOIN is doing more volume than $DOGE, $PEPE, and every other memecoin on Coinbase: https://x.com/theunipcs/status/1934381987524915379
Introducing - Jupiter Drops by @RektDrinks: https://x.com/jupiterexchange/status/1934642109325148282?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 429.17 ETH (▲ 37.54%)
🌊 OpenSea ETH Daily Volume: 815.41 ETH (▲ 34.70%)
🟠 BTC : $105,645.89 (▼ 1.24%)
🔷 ETH: $2,566.76 (▼ 2.61%)
🟣 Solana: $150.60 (▼ 3.71%)
🟪 Polygon: $0.20 (▼ 2.28%)
Top NFT Sales:
CryptoPunks #2600: 55.00 ETH
CryptoPunks #9735: 48.80 ETH
CryptoPunks #603: 47.10 ETH
NFT Daily Winners:
🍭 Mocaverse: 1.35 ETH (▲ 7.57%)
🏴☠ Captainz: 0.37 ETH (▲ 0.02%)
🧙♂️ Taproot Wizards: 0.16 BTC (► 0.00%)
NFT Daily Losers:
🧦 Bitcoin Puppets: 0.03 BTC (▼ 0.70%)
🐧 Pudgy Penguins: 8.98 ETH (▼ 0.87%)
👩🏻 Milady Maker: 2.09 ETH (▼ 1.04%)
⛩ Azuki: 2.15 ETH (▼ 1.60%)
🦧 Bored Ape Yacht Club: 11.75 ETH (▼ 1.67%)
🏳🌈 Chromie Squiggles: 4.59 ETH (▼ 1.97%)
💼 Ordinal Maxi Biz: 0.02 BTC (▼ 2.80%)
🐵 NodeMonkes: 0.03 BTC (▼ 2.03%)
😡 Mad Lads: 34.24 SOL (▼ 2.27%)
🚬 CryptoPunks: 41.49 ETH (▼ 2.29%)
👾 Tensorians: 2.51 SOL (▼ 6.69%)
🐱 Quantum Cats: 0.02 BTC (▼ 9.60%)
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