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Protesters Hold "America Is Not For Sale" Rally Outside Trump National Golf Club
US Sen. Jeff Merkley participated in a protest outside Trump National Golf Club while President Trump hosted a dinner for his top meme coin holders (Alex Wong/Getty Images)

About last night’s $TRUMP dinner: Protestors, $100,000 watches, and excited attendees

Donald Trump arrived by helicopter to greet the top holders of his meme coin but didn’t stay long.

Last evening, President Trump held the much-hyped and controversial dinner at the Trump National Golf Club for the top 220 holders of the $TRUMP token.

The top 25 holders (two of whom Sherwood News spoke with before the event) were also rewarded with “an ultra-exclusive private VIP reception with the President” and a “Special Tour.”

Attendees, who in total contributed $148 million to attend the dinner, were greeted by protestors including Sen. Jeff Merkley screaming “shame, shame” and “America’s not for sale.”

Speaking of attendees, Tron’s Justin Sun, the top $TRUMP holder, narrated the event with multiple X posts, including videos and pictures of the dinner.  

Sun, born in China, is also a citizen of Grenada, and is no stranger to Trump’s crypto projects — he’s World Liberty Financial’s largest single investor as well.

He reiterated how “excited” he was and posted a string of “thank you” to Trump on X, revealing that he had been awarded a “Trump Golden Tourbillon watch by Trump.” The gold watch, “decorated with 122 diamonds,” is worth $100,000 according to the website. One assumes this watch had Trump spelled correctly, as opposed to some of the lowly $640 versions

Pseudonymous Ice, founder of MemeCore, second on the $TRUMP leaderboard, also posted pictures of himself leaving the party, “ready for the night,” with a meme-based mask which he kept on through much of the event. He also seems to have gotten a watch

MemeCore Chief Business Development Officer Cherry Hsu told Sherwood that his attendance was not “tied to any political agenda,” but was to represent “the power of memes.”

Ogle, pseudonymous cofounder of blockchain ecosystem Glue and a cybersecurity adviser to WLFI, who told Sherwood he was attending out of curiosity, posted a picture of Trump with the caption, “An historic evening for crypto and the USA.”

Other attendees included retired NBA star Lamar Odom, who posted a video of himself arriving at the dinner, saying he was “fired up.” He also plugged the meme coin he launched earlier this month, $ODOM, which “stands for sobriety, discipline, and rebirth.”

Additional guests posting pictures included Magic Eden CEO Jack Lu and BitMart CEO Sheldon Xia.

Trump arrived in a helicopter, gave a 15-minute speech, “barely spoke to attendees,” and “promptly left at the conclusion of his remarks,” according to NBC News.

“We have some of the smartest minds anywhere in the world right here in this room,” he told the audience. 

The menu included an organic field green salad, filet mignon, pan-seared halibut, and lava cake. It seems attendees also received a hat.

The $TRUMP token, launched on the eve of the inauguration, is down over 72% from its all-time high on January 19.

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New bitcoin AfterDark ETF will be bitcoin at night, Treasurys by day

Tidal Trust II submitted form N-1A with the SEC to register a bitcoin ETF designed to systemically capture the cryptocurrency’s overnight return profile, a time window that delivered a significant portion of bitcoin’s upside last year.

The Nicholas Bitcoin and Treasuries AfterDark ETF provides long bitcoin exposure during US overnight hours, from the closing bell until the following morning’s market open, when the fund intends to unwind its positions, according to a document filed with the SEC on Tuesday. 

To gain that exposure, the ETF may use a number of methods, including bitcoin futures contracts, US-listed ETFs, or exchange-traded options on such bitcoin underlying funds. When the market is open and daytime trading is active, the fund’s portfolio will consist of US Treasury securities and other cash equivalents. 

In 2024, most of bitcoin’s gains occurred after-hours, senior Bloomberg ETF analyst Eric Balchunas reported:

The AfterDark ETF filing comes as bitcoin crossed $94,000 on Tuesday, rising 4.5% in the last 24 hours. Even though spot bitcoin ETFs saw nearly $60.5 million in outflows on Monday, the investment vehicles have a cumulative net inflow of $57.6 billion, per SoSoValue.

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