Trump Media files for "Crypto Blue Chip" ETF including Bitcoin, Ethereum, Solana, and XRP

Trump Media and Technology Group (#TMTG ) has just filed a registration with the SEC for a new ETF fund named "Truth Social Crypto Blue Chip ETF". This fund will invest in leading cryptocurrencies including Bitcoin (70%), Ethereum (15%), Solana (8%), Cronos (5%), and $XRP (2%).

Expanding the Crypto ETF portfolio

This is the latest move by TMTG to expand into the crypto space, after the company previously filed for a Bitcoin ETF and a combined Bitcoin and Ethereum ETF.

If approved, this ETF will be listed on NYSE Arca, with Yorkville America Digital as the sponsor and Crypto.com acting as the digital asset custodian, primary execution agent, as well as the staking and liquidity provider.

This filing comes at a time when cryptocurrency ETF funds are increasingly attracting investor interest. Spot Bitcoin ETFs have attracted nearly $50 billion in capital flows since their launch in January 2024. #anhbacong