Trump Media to Launch ‘Made in America’-Themed ETF
Trump Media & Technology Group (TMTG) has reached an agreement with a centralized exchange to launch “Made in the USA” themed digital asset and equity ETFs through its fintech brand Truth. Fi. The fund series will include crypto assets such as Bitcoin and Cronos and will focus on innovative companies in the US. The products are expected to launch with regulatory approval in 2025.
Oklahoma House Passes Strategic Bitcoin Reserve Act
The Oklahoma House of Representatives passed HB1203, the Strategic Bitcoin Reserve Act, by 77 votes to 15. The law would allow the state to invest up to 10% of its public funds in Bitcoin and digital assets with a market capitalization of more than $500 billion. The bill will be submitted to the state Senate for approval.
Kentucky Officially Enacts Bitcoin Bill of Rights
The Governor of Kentucky signed HB701 into law, protecting individuals’ right to self-custody and freedom to operate blockchain nodes. The law excludes these transactions from money transmission licenses and securities oversight.
Mt. Gox Moves Over $1 Billion in Bitcoin from Its Cold Wallet
According to Arkham tracking data, the Mt. Gox cold wallet transferred 11,501.58 BTC (about $1.01 billion) to two addresses. The total cost of the transaction was only $1.98.
Dogecoin Foundation Creates Official Reserve and Buys 10 Million DOGE
The Dogecoin Foundation has created the official DOGE reserve through the House of Doge and purchased 1.8 million DOGE worth approximately $10 million. The reserve will be used as a proof of DOGE’s payment capabilities.
Solana Ecosystem Fragmetric Completes $5 Million Funding
Solana ecosystem staking platform Fragmetric has secured $5 million in funding led by RockawayX. It had previously received a $7 million seed investment led by Finality Capital Partners and Lash.
Bitcoin Spot ETFs Record 7 Days of Net Inflows, Last Daily Inflow $84 Million
Bitcoin spot ETFs recorded net inflows of $84.17 million, continuing a trend of 7 consecutive days of positive inflows. Fidelity FBTC saw inflows of $82.85 million, while ARKB saw outflows of $40.96 million. Currently, the total net asset value of Bitcoin spot ETFs has reached $99.3 billion.
by Darkex Research – 1 min read