Trump Media & Technology Group (TMTG), which shook the crypto agenda with its Bitcoin and âBitcoin + Ethereumâ #ETF applications in June, is now on the stage with a more comprehensive and ambitious crypto basket. The new application filed with the US Securities and Exchange Commission (SEC) under the name âTruth Social Crypto Blue Chip ETFâ will include Bitcoin, Ethereum, #solana , #XRP and Cronos (CRO) coins. The striking details of the new fund and the Crypto.com effect have resonated in the crypto world.
đ Trump Media's Crypto Vision Grows
Trump Media is aggressively expanding its technology and media-focused attack, which it launched on the social media platform Truth Social, into the cryptocurrency world. The two ETF applications previously filed in June were:
Bitcoin Spot ETF
Yorkville America Digital, the sponsor of these two funds, plays the same role in the new application.
đŒ What's in the "Crypto Blue Chip ETF"?
The term "Blue Chip" in the new fund's name is used as an analogy to large and reliable company stocks in traditional markets. This shows that the fund covers the "big league" players in the crypto world.
5 coins in the ETF:
â Bitcoin (BTC): Digital gold, the locomotive of crypto
â Ethereum (ETH): The giant of smart contracts
â Solana ($SOL ): High-speed blockchain network
â Ripple ($XRP ): Revolution in international payments
â Cronos (CRO): Crypto.com's native token
The inclusion of the CRO token in this prestigious basket in particular stands out as a strategic detail that does not go unnoticed.
đ CRO Surprise: The Silent Power of Crypto.com
In previous ETF applications, it was announced that Crypto.com would undertake custody services. In this new fund, the exchange, which is not only a service provider, also managed to include its own token, CRO, in the ETF. This situation means both a strategic reward for Crypto.com and a potential big price catalyst for the CRO token.
The fact that the fund includes not only popular coins but also the token of the institution with which it is directly integrated draws attention as an ETF structure that we have encountered for the first time.
đïž SEC Process Continues: If Approved, It Could Make Crypto History
The SEC recently announced that it has officially started reviewing Trump Media's Bitcoin + Ethereum ETF application. The new application is still in the early stages. However, this application stands out as one of the rare examples of multiple ETF processes running simultaneously.
However, the SEC's postponement of Fidelity's Solana ETF application indicates that Trump Media's application will also be meticulously examined.
đŁ Conclusion: Trump Media Wants to Be Permanent in the Crypto Scene!
Trump Media's three separate ETF applications in a short time are an indication that this area is not a temporary agenda, but a long-term strategy. These funds, especially those established under the Truth Social brand, are becoming a unique initiative that brings together media, technology and crypto.
đ If the SEC approves these funds, a new era could begin not only for Trump Media, but also for coins that have not previously been included in ETFs, such as CROs.
