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Trump Auctions 2024 Suit Pieces on Official Meme Coin Site

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President Donald Trump just dropped a wild merchandising bombshell on his official website for his meme coin and digital trading cards. Exactly 2,024 physical collectible cards embedded with real fabric swatches from his iconic debate suit.

Worn on June 27, 2024, during the first presidential debate and celebrated as his total “knockout” performance, these ultra-limited editions fuse memorabilia, NFTs, and full-on meme coin frenzy in classic Trump style.

This might very well be the first time an actual sitting president of the United States is selling his wardrobe as collectibles. Who profits from it? Most likely, Trump Family-affiliated ventures.

Although the company says it has no affiliation with Donald Trump, it does promote the product with a direct quote from the President.

Source: Collect Trump Cards.

From a crypto perspective, the mechanics are deliberate. Buyers can pay via credit card or WETH on Polygon, aligning tightly with Trump’s broader meme coin ecosystem. Some variants reference his July 13 mugshot following the assassination attempt, amplifying scarcity and narrative-driven demand.

It’s peak post-reelection mogul mode. Critics call it “tacky,” while supporters frame it as “genius” — iconic political moments repackaged into ownable assets.

The strategy builds on more than $10 million in past NFT sales and the momentum from his 2025 inauguration, reinforcing a brand that continues to convert attention into revenue.

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Sold out already? Previous drops disappeared within minutes. Expect the same pattern here, with MAGA loyalists and crypto-native traders moving quickly to secure supply.

As neobanks tokenize RWAs, Trump’s suit scraps blaze the trail for personal asset tokenization. Physical rarity crashes into digital speculation. The ultimate dealmaker strikes gold again.

The post Trump Auctions 2024 Suit Pieces on Official Meme Coin Site appeared first on BeInCrypto.

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Crypto World

Morgan Stanley Sets Bitcoin ETF Fee at Ultra-Low 0.14%

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Morgan Stanley Sets Bitcoin ETF Fee at Ultra-Low 0.14%

Investment bank Morgan Stanley is seeking to launch its spot Bitcoin exchange-traded fund at a 0.14% fee, which would make it the cheapest in the US market and potentially force rivals to cut fees to stay competitive.

The 0.14% fee, proposed in Morgan Stanley’s latest S-1 registration statement on Friday, would be one basis point below the Grayscale Bitcoin Mini Trust ETF (BTC), currently the cheapest in the US market, and 11 basis points below the BlackRock-issued iShares Bitcoin Trust ETF (IBIT).

“Big move here. They are not messing around,” Bloomberg ETF analyst James Seyffart said, predicting that the Morgan Stanley Bitcoin Trust (MSBT) is “likely to launch in early April.”

Source: James Seyffart

Fellow Bloomberg ETF analyst Eric Balchunas said the low fee means that none of Morgan Stanley’s roughly 16,000 financial advisors — which manage $6.2 trillion in client assets — would feel conflicted in recommending the product to its clients.

Given that spot Bitcoin ETFs track the price movements of Bitcoin (BTC), Morgan Stanley’s ultra-low fee could spark a fresh fee war in the $83 billion market, putting immediate pressure on rivals to cut costs or risk losing assets.

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Regulatory approval would make Morgan Stanley the first bank to issue a spot Bitcoin ETF, expanding access to Bitcoin exposure for millions of its high-net-worth clients.

“They are the ultimate gatekeepers of rich boomer money,” Balchunas added.

Morgan Stanley previously selected Coinbase and Bank of New York Mellon as the proposed custodians for its Bitcoin ETF.

Morgan Stanley seeking suite of crypto ETFs, banking charter

Morgan Stanley, previously one of the more crypto-hesitant Wall Street firms, filed for the spot Bitcoin ETF in the first week of January, along with a Solana (SOL) ETF.

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Related: Bitcoin traders see 53% odds of sub-$66K BTC by April 24 

It then filed papers for a staked Ether (ETH) ETF later that week, and by the end of the month, the bank appointed one of Morgan Stanley’s longest-standing executives, Amy Oldenburg, to lead its digital asset team.

Source: James Seyffart

Morgan Stanley also applied for a national trust banking charter on Feb. 18, seeking to custody certain digital assets and execute purchases, sales and swaps for clients in addition to staking services.

In October, before the investment bank adopted its institutional crypto strategy, it recommended a 2% to 4% allocation to crypto portfolios for investors. It also allowed its financial advisors to recommend crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s.

Magazine: Bitcoin may face hard fork over any attempt to freeze Satoshi’s coins

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