
Before his new presidential candidate candidate initiation , Donald Trump surprised not only the financial community by releasing a numeric token with his name. Besides that, less than after a few days I had applied for an ETF fund on its basis.
Two companies – REX Financial and Osprey Funds submitted an application for authorisation to establish an ETF fund to the SEC on Tuesday, which units can be traded on traditional exchanges and which would invest all its in the $Trump cryptovalue.
Companies also want to establish other ETFs, with most focus on other things , bitcoin and the ethereum, etc.i.e. the most popular digital currencies, as well as the more inferior tokens, such as Dogecoin or Bonk.
Let’s recall that former SEC Chairman Gary Gensler, who was not favourable to the digital wealth community, remained in officiating the first day of Donald Trump’s inauguration.On Tuesday it was announced that his temporary duty would start with Mark Uyeda, who is a Republican SEC member of 2022 years and was a famous Gensler critic.
As Uyeda announced one of his first decisions would be to create a task group to prepare new secret cryptographic regulations of industry . Itwill be chairedbyanothermemberofthecommitteeHesterPeirce,whomtheindustrylovinglycalledthe”mother of cryptocurrencies”,whenitaddressedthecryptocurrencycommunity’sunfavourabledecisionsadoptedbytheparticipatingSECgovernment.