President Trump's social media company, which previously said it was moving into offering investment products, said Thursday that it's taken the first steps toward launching a bitcoin ETF. Why it matters: A company majority owned by the president is launching a financial product that potentially benefits from his policy positions,

Trump Media to launch American First themed ETFs, including Bitcoin, emphasizing US manufacturing and energy independence.

Trump Media & Technology Group Corp. applied to trademark brands for six investment products with themes that closely track President Donald Trump’s priorities in office.

One recent example is Meta dropping its fact-checking program in favor of a “community notes” system. Just like social media companies tend to change how their platforms work, so too do users change how they engage with digital tools in the first place. We can bank on innovation when it comes to content creation and content consumption.

Trump Media & Technology Group Corp. applied to trademark brands for six investment products with themes that closely track President Donald Trump’s priorities in office. The money-losing social media company is looking to debut the “Truth.