finance
Truth Social Funds Maintain Cryptocurrency Commitment After Trump Media Halts Bitcoin ETF Plans
Truth Social Funds said it will continue cryptocurrency investments even after Trump Media stopped work on a bitcoin ETF. Steve Neamtz of Yorkville America Equities confirmed the fund's stance in remarks to Reuters.
May 27, 10:00 AM·1m read1 source
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Truth Social Funds stated it will keep its cryptocurrency holdings after Trump Media ended plans for a bitcoin exchange-traded fund. Steve Neamtz of Yorkville America Equities told Reuters that the fund remains committed to digital assets despite the change in Trump Media's approach.
The decision by Trump Media to halt the ETF project does not alter the fund's existing strategy, according to the same remarks.
No additional details were provided on the size of the fund's cryptocurrency positions or any timeline for future investments.
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