TraderKKS
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#TruthSocialCryptoBlueChipETF ๐ฐ Truth Socialโs Bold Crypto ETF Move
Truth Social, the media platform backed by Trump Media & Technology Group (TMTG), has filed for a Crypto Blue Chip ETFโa major step into the digital asset space. Here's what makes it stand out:
๐ ETF Composition
The fund will track five top-tier cryptocurrencies:
- Bitcoin (BTC) โ 70%
- Ethereum (ETH) โ 15%
- Solana (SOL) โ 8%
- Cronos (CRO) โ 5%
- Ripple (XRP) โ 2%
๐ Structure & Strategy
- Passive Investment Vehicle: No leverage or derivativesโjust direct exposure to crypto price movements
- Staking Rewards: ETH, SOL, and CRO will be staked to generate yield
- Custodians & Partners:
- Crypto.com: Bitcoin custodian and liquidity provider
- Foris DAX Trust Company: Digital asset custodian
- Yorkville America Digital: ETF sponsor
๐๏ธ Regulatory Status
- Filed as an S-1 registration with the SEC on July 8, 2025
- Awaiting approval to list on NYSE Arca
- Shares will be issued in blocks of 10,000 units
๐ฐ Political & Financial Impact
- Trumpโs crypto ventures have reportedly earned him $620M, now making up 9% of his net worth
- The ETF aligns with TMTGโs broader strategy, including a $2.44B capital raise for Bitcoin acquisition
pls follow me I will follow you back kind request lovely people ๐๐๐ญ๐๐๐๐ค
Truth Social, the media platform backed by Trump Media & Technology Group (TMTG), has filed for a Crypto Blue Chip ETFโa major step into the digital asset space. Here's what makes it stand out:
๐ ETF Composition
The fund will track five top-tier cryptocurrencies:
- Bitcoin (BTC) โ 70%
- Ethereum (ETH) โ 15%
- Solana (SOL) โ 8%
- Cronos (CRO) โ 5%
- Ripple (XRP) โ 2%
๐ Structure & Strategy
- Passive Investment Vehicle: No leverage or derivativesโjust direct exposure to crypto price movements
- Staking Rewards: ETH, SOL, and CRO will be staked to generate yield
- Custodians & Partners:
- Crypto.com: Bitcoin custodian and liquidity provider
- Foris DAX Trust Company: Digital asset custodian
- Yorkville America Digital: ETF sponsor
๐๏ธ Regulatory Status
- Filed as an S-1 registration with the SEC on July 8, 2025
- Awaiting approval to list on NYSE Arca
- Shares will be issued in blocks of 10,000 units
๐ฐ Political & Financial Impact
- Trumpโs crypto ventures have reportedly earned him $620M, now making up 9% of his net worth
- The ETF aligns with TMTGโs broader strategy, including a $2.44B capital raise for Bitcoin acquisition
pls follow me I will follow you back kind request lovely people ๐๐๐ญ๐๐๐๐ค
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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