Truth Social
Truth social withdraws bitcoin etf filing amid fee pressure
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Trump Media & Technology Group has withdrawn its plans for Truth Social-branded spot bitcoin and bitcoin-and-ether ETFs. The move came after the firm pulled its registration statements with the U.S. Securities and Exchange Commission on May 19.
Nancy Sinatra has condemned Donald Trump for posting a video of her father Frank Sinatra performing 'My Way' on Truth Social. She called the action 'a sacrilege' after a fan alerted her to the clip from a 1974 Madison Square Garden show. Sinatra noted that song publishers hold the rights to take action.
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Trump Media is exploring a spinoff of its Truth Social platform into a separate public company, building on its recent cryptocurrency ETF filings and the surge in Bitcoin and crypto exchange-traded funds.