According to @VildanaHajric, Truth Social's recent Bitcoin ETF filing marks an unprecedented move due to its direct association with a former U.S. President. However, the filing enters a saturated U.S. Bitcoin ETF landscape, where established funds already offer high liquidity and low fees, making it challenging for new entrants to gain market share. Traders should note that, despite the high-profile backing, competitive advantages like liquidity and cost structure will likely determine the ETF’s success, potentially limiting its immediate impact on Bitcoin prices and broader crypto market dynamics (source: @VildanaHajric, Bloomberg).