On Monday Eastern Time, at the Republican National Convention, former President Trump unveiled one of the biggest mysteries of the convention - Trump chose Ohio Senator and former venture capitalist JD Vance as his vice presidential candidate.
It is reported that Vance previously made a fortune by venture capital and is now less than 40 years old. Analysts believe that Vance's successful experience in business and finance will also bring more resources and support to Trump's campaign team.
According to Autopilot data, Vance, Trump's 'nomination' for vice president, mainly invests in US stocks through ETFs.
As can be seen from the above figure, his top three holdings are broad-based ETFs: gfnz100 ETF, dji average ETF and sp ETF, accounting for 24%, which have risen by 21.56%, 19.6% and 9.66% respectively this year.$Invesco QQQ Trust (QQQ.US)$SPY ETF $SPDR S&P 500 ETF (SPY.US)$Dow Jones Industrial Average ETF$SPDR Dow Jones Industrial Average Trust (DIA.US)$He also holds bitcoin, gold ETF, and these three ETF holdings account for 6% each. Vance was once famous for his support for cryptocurrencies, mainly due to his active social media posts and votes in favor of cryptocurrencies, which also further reflects Trump's position in supporting cryptocurrencies. According to relevant information, in the mandatory annual report for 2022 submitted in October 2023, he disclosed that as of 2022, he owned bitcoins worth between $0.1 million and $0.25 million, which were held through Coinbase.
Wan Si also holds Bitcoin ETF, with a holding position ratio of 6%.$Fidelity Wise Origin Bitcoin Fund (FBTC.US)$Gold ETF, with a holding position ratio of 6%.$SPDR Gold ETF (GLD.US)$, treasury bond etf$iShares 20+ Year Treasury Bond ETF (TLT.US)$These three ETFs hold positions with a ratio of 6% respectively.
Vance was once famous for his support for cryptocurrencies, mainly due to his active social media posts and votes in favor of cryptocurrencies, which also further reflects Trump's position in supporting cryptocurrencies.
According to relevant information, in the mandatory annual report for 2022 submitted in October 2023, he disclosed that as of 2022, he owned bitcoins worth between $0.1 million and $0.25 million, which were held through Coinbase.
Scope Markets Chief Market Analyst Joshua Mahony said that Trump's choice of Vance as his vice president may boost bitcoin, and 2024 may be the year when cryptocurrencies become mainstream.
In addition, he also holds entertainment platforms, with holdings accounting for 6% and 2% respectively. Among them, Vance's venture capital fund Narya Capital Management once participated in investment in Rumble and still owns the company's equity.$Rumble (RUM.US)$, and crude oil ETF, ProShares K-1 Free Crude Oil Strategy ETF(OILK.US)$Proshares K-1 Free Crude Oil Strategy Etf (OILK.US)$The holding ratios for these two stocks are 6% and 2%, respectively.
Furthermore, it is interesting that after Trump announced JD Vance as his vice presidential candidate, many Silicon Valley giants were thrilled. They believe that considering JD Vance's previous identity as a venture capitalist, if he can take over the White House after this year's presidential election, it may bring the American technology industry closer to the center stage of Washington's politics.
In addition, interestingly, many tech giants in Silicon Valley were delighted when Trump announced JD Vance as the candidate for Vice President. They believed that, given Vance's background as a former venture capitalist, if he could take over the White House after the election this year, he would be able to bring the technology industry in the United States closer to the political center stage in Washington.
Among them, Tesla CEO Elon Musk immediately claimed on X that this decision was a 'great decision' and that the combination of Trump and JD Vance was 'echoing victory'.
However, judging from Vance's previous policy stance, he may not be as 'pro-Silicon Valley' as the tech giants expected. Vance is one of the few people in the Republican Party who opposed the monopoly of large technology giants. He criticized them during the 2022 senatorial campaign, claiming that they have too much power and influence on politics.
Therefore, investors should pay close attention to his attitude towards technology giants in order to better understand market dynamics and potential policy changes.
ETF should be translated as etf 比特币 should be translated as bitcoin 社交媒体 should be translated as social media 分析师 should be translated as analyst 特斯拉 should be translated as tesla 持有 should be translated as hold 加密货币 should be translated as cryptos 日历 should be translated as calendar 娱乐 should be translated as entertainment 科技 should be translated as technology 行业 should be translated as industry 纳指ETF should be translated as gfnz100 道指ETF should be translated as dji average etf 基金 should be translated as fund 持仓 should be translated as hold positions 黄金ETF should be translated as gold etf 美国 should be translated as usa
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