A new filing shows Trump Media & Technology Group moving into both crypto and telecom markets. Truth Social and Truth+, the company behind Truth Social and Truth+ have asked for registration with US Securities and Exchange Commission. Bitcoin and Ethereum ETFReports claim that. At roughly the same time, it unveiled plans for a $499 Trump‑branded smartphone and service plan.
Truth Social Bitcoin And Ethereum ETF
The registration statement The proposed ETF, dated on June 16, would have 75% in Bitcoin and 25% in Ethereum. The fund would list under a sponsorship agreement with Yorkville America Digital on NYSE Arca if the SEC approves.
Direct custody is the plan, which means the ETF actually holds the digital tokens and not futures contracts.
Crypto.com is in charge of custody and staking
Based on reportsCrypto.com is the sole custodian of ETFs and will be its primary execution agent. Crypto.com will provide both staking services and liquidity for Ethereum. This setup may ease SEC’s concerns given its focus on clear and secure oversight, as well as the importance of secure storage.
The ETF is not guaranteed to be approved. The past spot crypto ETF Due to concerns about market manipulation and investor safety, proposals are being delayed and rejected.
Trump Mobile Smartphone and Service Plan
The organization of US President Donald Trump was introduced at a press event held in Trump Tower. “Trump Mobile,” A new network and phone service. The device will sell for $499 starting in September, and the monthly plan is priced at $47.45—a nod to Trump’s role as the 47th US President.
BREAKING: Trump Mobile announced that it will start offering 5G services at $47.45 to the three major carriers. The phone will release in August and be called the “T1 Phone.”
The phone is described as “a sleek, gold smartphone engineered for performance and… pic.twitter.com/jhtXRLveJZ
— RedWave Press (@RedWave_Press) June 16, 2025
The phone Call centers in the US will provide customer support. Trump will license the Trump brand to existing networks rather than build its own towers.
Trump Mobile Bundled extras aimed at attracting users
Trump Mobile, according to the company will bundle roadside assistance, international texts to 100 countries and telemedicine. Donald Trump Jr. highlighted those extras as part of a flat‑fee package designed to stand out from major carriers.
The idea is to offer more than just voice and data—giving customers a health line and car help all through one monthly bill. The trademark applications submitted by DTTM Operations include telecom services, accessories and the Trump brand.
Chart from TradingView. Image from Joe Raedle/Getty Images.
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Source: www.newsbtc.com
