真理社會，比特幣ETF和NYSE ARCA：帶有政治底色的華爾街探戈？

紐約證券交易所（Nyse Arca）對社交與社交鏈接的比特幣和以太坊ETF的潛在列表引發了辯論，在加密貨幣世界中的金融與政治之間的界限模糊。

The intersection of finance and politics is getting wilder than a Yankees-Red Sox game. NYSE Arca's move to potentially list a Bitcoin and Ethereum ETF linked to Truth Social has Wall Street buzzing and raising eyebrows. Let's dive into what's shaking in the world of crypto ETFs.

金融與政治的交集比洋基紅襪隊的遊戲變得越來越荒野。紐約證券交易所（NYSE ARCA）的舉動有可能列出比特幣和與真理相關的以太坊ETF，使華爾街嗡嗡作響和揚起眉毛。讓我們深入了解加密ETF世界中的顫抖。

A New Player on the Field: Truth Social ETF

該領域的新球員：真相社交ETF

NYSE Arca is looking to list and trade shares of a dual-asset ETF, B.T., connected to Truth Social. This ETF, as per Truth Social's June 16 filing, would split its holdings 75% in Bitcoin and 25% in Ethereum. Crypto.com is slated as both the custodian and liquidity provider, with Yorkville America Digital sponsoring the investment vehicle. This move follows the SEC's approval of 11 spot Bitcoin ETFs back in January, which have since pulled in a staggering $47.59 billion.

NYSE ARCA希望列出與真理社會相關的雙資產ETF（BT）的份額。根據Truth Social的6月16日，該ETF將其持股佔比特幣的75％，在以太坊中分配了25％。 Crypto.com被視為託管人和流動性提供商，約克維爾美國數字化贊助了投資工具。此舉是在SEC在一月份對11個比特幣ETF的批准之後，此後獲得了驚人的475.9億美元。

Political Ties: The Elephant in the Room

政治聯繫：房間裡的大象

While the filing follows standard procedures, the ETF's link to Trump Media & Technology Group (TMTG), the parent company of Truth Social, is raising eyebrows. Yorkville, the ETF’s sponsor, has financial ties with Trump Media, including a hefty $2.5 billion share purchase agreement. This connection raises questions about fiduciary neutrality. Some analysts suggest the Truth Social brand might attract retail investors aligned politically but worry it could become a “political gift” rather than a sound investment.

雖然文件遵循標準程序，但ETF與Truth Social的母公司Trump Media＆Technology Group（TMTG）的聯繫正在引起人們的關注。 ETF的讚助商約克維爾（Yorkville）與特朗普媒體（Trump Media）有財務聯繫，其中包括25億美元的股票購買協議。這種聯繫提出了有關信託中立的問題。一些分析師認為，事實社交品牌可能會吸引零售投資者在政治上保持一致，但擔心它可能成為“政治禮物”，而不是一項合理的投資。

The “America First” Crypto Suite

“美國第一”加密套件

TMTG isn't stopping there. They're diving deeper into crypto with their “America First” suite of blockchain-based financial products, partnering with Yorkville. This includes a Bitcoin fund, a blockchain leaders fund, and a stablecoin income fund. They've even announced plans to raise $2.4 billion for their BTC treasury. It's like watching a reality show, but with more zeroes.

TMTG並沒有停止那裡。他們與約克維爾合作的“美國第一”套件深入研究加密貨幣。這包括一個比特幣基金，區塊鏈領導基金和Stablecoin收入基金。他們甚至宣布了為BTC財政部籌集24億美元的計劃。這就像觀看真人秀，但更零。

BlackRock's Bitcoin ETF Dominance

貝萊德的比特幣ETF優勢

Meanwhile, BlackRock's Bitcoin ETF (IBIT) continues to flex its muscles, leading with massive net inflows. IBIT alone contributed $436 million in inflows recently, swallowing over 4,000 Bitcoins and pushing its total holdings close to 700,000. It's like BlackRock is playing a different game altogether, leaving others in the dust. And get this – BlackRock Bitcoin ETF has crossed $14 billion in inflows since the beginning of 2025!

同時，貝萊德（Blackrock）的比特幣ETF（IBIT）繼續彎曲其肌肉，以大量的淨流入為導致。僅IBIT貢獻了4.36億美元的流入，吞嚥了4,000多個比特幣，並將其總持股量接近700,000。就像貝萊德（Blackrock）完全在玩不同的遊戲，使其他人陷入了塵土。並得到這個 - 貝萊德比特幣ETF自2025年初以來已經跨越了140億美元的流入！

Final Thoughts: A Crypto Soap Opera

最終想法：加密肥皂劇

So, what’s the takeaway? The crypto world is becoming a wild mix of finance and politics. While BlackRock and others are making serious moves in the Bitcoin ETF space, the Truth Social-linked ETF adds a layer of political intrigue that’s hard to ignore. Whether it’s a brilliant financial strategy or a political play remains to be seen. One thing's for sure: this story is far from over. Grab your popcorn, folks, because this crypto soap opera is just getting started!

那麼，收穫是什麼？加密世界正在成為財務和政治的狂野結合。雖然貝萊德和其他人在比特幣ETF領域採取了嚴重的行動，但與社交聯繫的ETF真相增加了一層很難忽略的政治陰謀。無論是出色的財務戰略還是政治競爭，還有待觀察。可以肯定的是：這個故事還遠遠沒有結束。伙計們抓住爆米花，因為這部加密肥皂劇才剛剛開始！