PANews July 8 news, Trump Media Technology Group announced today that it has submitted a preliminary registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), planning to launch the 'Truth Social Cryptocurrency Blue Chip ETF.' This ETF will directly hold Bitcoin, Ethereum, Solana, Cronos, and Ripple, with asset allocation ratios of: 70%, 15%, 8%, 5%, and 2%, respectively. Crypto.com will serve as the exclusive digital asset custodian for this ETF, the primary executing agent, while also providing staking services and liquidity support. The official launch of the ETF still awaits SEC approval of the registration statement and the review of the 19b-4 document. Once approved, the fund will be listed for trading on the NYSE Arca exchange.
