U.S. Treasury Announces 'Trump Account' Portfolio Holdings, Mainly Invests in Broad-Based S&P 500 Index ETF

CoinFeed July 2 news, according to Jinshi reports, the U.S. Treasury Department today announced the investment product portfolio for the 'Trump Account,' including an initial default investment option to be launched upon go-live, and four other low-cost index fund options to be selectable by interested parties in the coming months. When the account is launched, all funds invested in the 'Trump Account' will be allocated to the State Street SPDR Portfolio S&P 500 ETF (SPYM).