An exchange-traded fund tracking American politicians’ trading activity and companies close to the US president may launch this week. The Tuttle Capital Government Grift ETF could track trades made by Congress and invest in companies with ties to presidential influence, potentially including those praised by President Donald Trump.

Trump has connections to the crypto industry, including holding 15,000 Bitcoin worth $1.7 billion through Trump Media & Technology Group. American Bitcoin Corp, publicly traded and backed by the Trump family, and Trump-related memecoins are also tied to him. World Liberty Financial, a crypto platform, has $5 billion worth of WLFI tokens linked to the Trump family.

Tuttle already offers leveraged crypto exchange-traded products for various cryptocurrencies like XRP, Solana, Litecoin, and Chainlink. The SEC approved generic listing standards for faster crypto ETF approvals, increasing the odds of more spot crypto ETFs entering the market beyond Bitcoin and Ether options currently available. Balchunas stated this essentially guarantees more spot crypto ETF approvals.

Read more at Cointelegraph: Tuttle’s Government Grift ETF Could Launch This Week