On February 7, 2025, Trump’s media group announced a trademark application for its Bitcoin ETF. This is Trump family's first foray into mainstream crypto financial products, sparking debates on policy arbitrage and conflicts of interest.
Policy Foundations: Institutional Benefits from a Crypto-Friendly Government
Since his 2024 re-election, Trump's administration has strongly supported the crypto industry with significant measures, including firing the SEC Chairman and establishing a strategic Bitcoin reserve.
Commercial Strategy: The Capital Upgrade from Meme Coins to ETFs
Trump has previously endorsed 'Trump Coin', which later crashed by 75%. Unlike meme coins, Bitcoin ETFs offer sustainable advantages such as regulatory compliance and liquidity.
Three Major Controversies Surrounding the Truth.Fi Bitcoin Plus ETF
Key concerns revolve around potential conflicts of interest for Trump, market competitiveness, and regulatory risks.
Trump's ambition to launch a Bitcoin ETF is an experiment in turning political capital into financial influence. It's a high-risk, potentially high-reward opportunity that becomes a strategic asset in global economics.