TLDR Crypto investors erected a 12-foot golden statue of Trump holding Bitcoin outside the US Capitol on Wednesday The statue was placed on the National Mall as part of a Pump.fun livestream stunt and memecoin promotion Organizers said it honors Trump’s support for cryptocurrency and was timed with the Fed’s interest rate cut The statue [...] The post Crypto Investors Install Golden Trump Bitcoin Statue Outside US Capitol appeared first on CoinCentral.TLDR Crypto investors erected a 12-foot golden statue of Trump holding Bitcoin outside the US Capitol on Wednesday The statue was placed on the National Mall as part of a Pump.fun livestream stunt and memecoin promotion Organizers said it honors Trump’s support for cryptocurrency and was timed with the Fed’s interest rate cut The statue [...] The post Crypto Investors Install Golden Trump Bitcoin Statue Outside US Capitol appeared first on CoinCentral.

Crypto Investors Install Golden Trump Bitcoin Statue Outside US Capitol

2 min read

TLDR

  • Crypto investors erected a 12-foot golden statue of Trump holding Bitcoin outside the US Capitol on Wednesday
  • The statue was placed on the National Mall as part of a Pump.fun livestream stunt and memecoin promotion
  • Organizers said it honors Trump’s support for cryptocurrency and was timed with the Fed’s interest rate cut
  • The statue was made of foam and displayed from 9 AM to 4 PM on 3rd Street near Capitol Hill
  • This marks at least the third Trump statue to appear on the National Mall this year

A group of cryptocurrency investors installed a 12-foot golden statue of President Donald Trump holding a Bitcoin outside the US Capitol on Wednesday. The temporary installation was placed on the National Mall, roughly one mile from the White House.

The statue appeared on 3rd Street and remained in place from 9 AM to 4 PM. Organizers timed the unveiling to coincide with the Federal Reserve’s interest rate decision, which saw rates cut by 25 basis points to approximately 4.1%.

The statue was created as part of a Pump.fun livestream stunt by mostly anonymous organizers. During Tuesday’s livestream, one organizer revealed the statue was constructed from “extremely hard foam” to make it manageable to transport and install.

The group also launched a memecoin on the Pump.fun platform alongside the statue installation. Multiple livestreams were created to promote the token and document the statue’s creation and placement.

Organizers Credit Trump’s Crypto Support

The statue stands 12 feet tall and was carved by machine before being transported to the National Mall. Posts on the organizers’ social media accounts showed the creation process and multiple people carrying the statue into position.

Third Trump Statue on National Mall This Year

This golden Trump statue marks at least the third Trump-related installation on the National Mall in 2025. Previous statues included protests against the president, making this the first supportive installation.

In June, an eight-foot statue called “Dictator Approved” appeared, featuring a golden hand crushing the Statue of Liberty’s crown. Later that month, another installation showed a gold television displaying controversial footage.

The Federal Reserve announced two additional rate cuts planned for this year, with only one expected in 2026. The timing of the statue installation coincided with this monetary policy announcement that typically benefits risky assets like cryptocurrency.

The post Crypto Investors Install Golden Trump Bitcoin Statue Outside US Capitol appeared first on CoinCentral.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRPR and DOJE ETFs debut on American Cboe exchange

XRPR and DOJE ETFs debut on American Cboe exchange

The post XRPR and DOJE ETFs debut on American Cboe exchange appeared on BitcoinEthereumNews.com. Today is a historical milestone for two of the biggest cryptocurrencies, XRP and Dogecoin. REX-Osprey announced the official listing of two spot exchange-traded funds (ETFs) that track the price of XRP and Dogecoin in the United States. The new crypto funds are available for US investors on the Cboe BZX Exchange. The REX-Osprey XRP ETF is trading with ticker XRPR, while the DOGE ETF is listed with ticker DOJE. The first XRP and DOGE ETFs were listed today, and they provide direct spot exposure to Dogecoin and XRP. XRPR and DOJE are gates to crypto exposure XRPR provides exposure to XRP, the native token of the XRP Ledger, which is a blockchain that enables fast and low-cost cross-border transactions. DOJE, on the other hand, is the first-ever Dogecoin ETF. It offers investors regulated access to the first memecoin that built global recognition through its Shiba Inu mascot and active online community. Both funds use a structure under the Investment Company Act of 1940, which governs open-end mutual funds and ETFs in the US. This law was designed to protect investors from fraud, conflicts of interest, and poor oversight. This route gives investors the protections of a regulated open-end ETF. Each fund will hold a majority of its assets in spot XRP or DOGE, while also investing at least 40% in other crypto ETFs and ETPs, including those traded outside the United States. According to the SEC filing, XRPR charges an expense ratio of 0.75%, while DOJE charges 1.50%. The funds may also use a Cayman Islands subsidiary to buy crypto directly. This setup copies REX-Osprey’s Solana + Staking ETF (SSK), which launched in July and quickly grew past $275 million in assets. Greg King, the CEO and founder of REX Financial and Osprey Funds, said, “Investors look to ETFs as…
Share
BitcoinEthereumNews2025/09/19 03:14
Over 60% of crypto press releases linked to high-risk or scam projects: Report

Over 60% of crypto press releases linked to high-risk or scam projects: Report

A data analysis shows crypto press release wires are dominated by scam-linked projects, hype-driven content and low-impact announcements, raising concerns about
Share
Crypto.news2026/02/04 22:02
Outlook remains cautious – TD Securities

Outlook remains cautious – TD Securities

The post Outlook remains cautious – TD Securities appeared on BitcoinEthereumNews.com. TD Securities analysts anticipate that the Bank of England’s Monetary Policy
Share
BitcoinEthereumNews2026/02/04 22:15