Trump media BTC ETF filing spurs market optimism: is MUTM about to rally?

Trump Media, a company that runs Trump’s Truth Social, recently filed for a Truth Social Bitcoin ETF with the SEC. This marks the latest effort to capitalize on growing enthusiasm for digital assets. The ETF would be operated by Yorkville America Digital, an asset management firm, and would directly hold Bitcoin according to the SEC filing. If approved, the shares of the ETF fund would be listed on the NYSE Arca ETF exchange. Why this ETF matters The Spot Bitcoin ETF market is crowded, with the biggest one being the BlackRock fund that is worth over $72 billion in net assets as of June 10, 2025. This ETF filing comes amid a wave of planned digital asset-friendly laws in the US that are in line with Trump’s goal of making America the global crypto capital. Trump once doubted Bitcoin and called it a scam. However, he has since changed his mind, and is now behind the TRUMP meme coin for which he hosted a gala dinner for its largest holders. Since taking office, Trump has worked to revoke Biden-era policies that had placed a stranglehold on the crypto sector. Growing Mutuum Finance (MUTM) optimism The current US administration has been extremely crypto-friendly, which has led to some massive gains in June 2025. Amid this rising interest in crypto, Mutuum Finance (MUTM) is set to be one of the main beneficiaries. This is due to the high-octane discussions going on around MUTM tokens and their potential for bombastic returns. According to analysts, MUTM tokens could rise by as much as 2,567% in a few days after the public launch. A major reason for the optimism is the unique design of the protocol and its many safeguards for users. The Mutuum Finance protocol allows users to participate as lenders, borrowers, or liquidators. When they sign up as lenders, they have a chance to earn interest on their deposits in the pools at a rate determined by the pool utilization rate. Protocol protections In the Mutuum Finance (MUTM) framework, there are numerous protections that are designed to preserve the long-term viability of the ecosystem. Additionally, they ensure that users of the protocol can continue to make profits. One of the requirements is overcollateralization of all assets used as collateral on the platform. That is designed to ensure prompt liquidations, helping to always keep lenders’ capital safe. If assets have high volatility, the over-collateralization requirements and liquidation thresholds will be cranked up to ensure optimal protection in case of sudden spikes in the utilization rate or capital shortages. Market conditions play an important role in the design of the interest rate structure. If yields on external markets become more attractive, it will entice arbitrage traders to raid Mutuum Finance and siphon away liquidity. To prevent this situation, the protocol will adjust key parameters, including the utilization rate for each asset, and could implement interest rate slopes as well. The goal is to ensure borrowing costs are in line with the overall market, discouraging losses to arbitrage. Raising interest rates sharply or lowering the optimal utilization rate for certain assets can help the ecosystem achieve balance. It ensures that yield opportunities on Mutuum Finance align with the rest of the market, which mitigates the possibility of running out of capital during high market demand. One of the tools that Mutuum Finance uses to maintain liquidity is liquidity mining. This is where the protocol uses some of the MUTM tokens to reward liquidity providers. The system is designed to ensure inflows of liquidity, even when market conditions are volatile. However, not all assets can get the liquidity rewards. Instead, the incentives will be strategically directed towards tokens that encourage protocol stability, while keeping token inflation in check. Tokens with high stability, like stablecoins, will be given priority, while small tokens like meme coins, which can introduce volatility into the ecosystem, will not be added. Bug bounty on Mutuum Finance The Mutuum Finance ecosystem will organize and launch a bug bounty program. This will be an open invitation to developers, researchers, ethical hackers, and security experts to hunt for vulnerabilities on the platform. The bounty program will cover all aspects of the ecosystem, including the smart contracts, libraries, and off-chain services that impact protocol functionality. MUTM token presale The Mutuum Finance (MUTM) token presale has been a massive success so far. Over $10.45 million has been raised in the ongoing presale from around 12,000 participants. In the current phase of the presale, tokens are priced at $0.03, which is a 200% increase from the phase 1 price of $0.01. In the upcoming phase 6 of the presale, the price is set to rise by 16.67% to $0.035. It will mark a reduction in a guaranteed ROI from 100% to 71.43% based on the 40.06 listing price. Not wanting to miss out on this huge ROI, investors have been rushing to secure their tokens. So far, over 35% of the tokens set aside for phase 5 have been sold. That is an impressive feat, especially considering that the current phase launched less than two weeks ago. If you want to be part of the future of DeFi, the window to join while the price is still low is closing fast. For more information about Mutuum Finance (MUTM), visit the links below: Website: https://www.mutuum.com/ Linktree: https://linktr.ee/mutuumfinance The post Trump media BTC ETF filing spurs market optimism: is MUTM about to rally? appeared first on Invezz

Source: Invezz