Big Fat Trump announces the launch of the new ETF Crypto

Trump watches the new ETF

After relieving the crypto market by lightening its customs tariffs Donald Trump gave a double bite with a new initiative to explode courses.

Trump Media, a company founded by the US President, has just announced its partnership with Crypto.com to launch a new ETF and FTE during the year. Funds agreed on the offered stock market will be a bit special because they combine cryptocurrencies and financial titles from several sectors, especially on the energy side.

According to the announcement, Future products will be accessible worldwide and available exclusively on Crypto.com. All you have to do is wait for their development and then for their consent, because they will have to undergo good will of regulatory authorities. Dry could say yes, but Europe, not really …

Why is this important

ETF Crypto has already shown its ability to shake the market, but with a large thick Trump on controls, the effect could multiply. We could participate in the revival of investors, or even withdraw considerable financial flows, especially on the side of Made in America.

However, a truly unique aspect of this initiative lies in its global availability. Investors from all continents will have access to the US stock market funds, where Blackrock ETF and others are not accessible outside the United States for the first time.

ETF

Impact on the crypto market

Unlike expectations, notification of this partnership did not disturb the entire crypto market. Instead, the BTC price shows a remarkable decline after massive MT transmission.

The American crypto, however, experienced a great renewed interest and remained in green in the last 24 hours. The big winner remains undeniably Cronos (CRO), native Altcoin from Crypto.com. With a magnificent jump of 35% for several hours, it translates the enthusiasm of investors.

Cronos course
Source: Cro courses by CoinMarketcap

However, this euphoria is alleviated by serious accusations. The famous investigator Blockchain Zacxbt launched a bomb and said that Crypto.com would secretly return 70 billion CRO tokens, which were to be definitively destroyed in 2021. He also estimates that CEX like Coinbase or Kraken would be better partners for ETF Big Fat Trump.

History morality: scholarships or scholarships lead crypto.

Notification of irresponsibility

Notice of non -response: In accordance with the TRUST project, Beincrypto undertakes to provide impartial and transparent information. The aim of this article is to provide accurate and relevant information. However, we invite readers to verify their own facts and consult a professional before it decides on the basis of this content.

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