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Business & Economics

Trump Crypto ETF Moves One Step Closer to Approval

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The New York Stock Exchange has sought permission from the Securities and Exchange Commission to change a rule that would permit Trump Media and Technology Group Corp. ( DJT ) to list the exchange-traded fund.

The proposed fund would hold both Bitcoin and the Ether network token, known as Ether, in a three -to-one ratio by value.

President Trump , whose reelection campaign was supported with contributions from crypto industry heavyweights, has anointed himself the crypto president.