#AltcoinETFsWatch
🚨Truth Social, a division of Trump Media & Technology Group, has filed an S-1 with the SEC to launch a 🔵 Crypto Blue Chip ETF 🔵 This significant move signals a major push into digital assets, aligning with growing interest from traditional finance.
The proposed ETF will primarily hold:
🟢Bitcoin (BTC) with a 70% allocation
🟢Ethereum (ETH) at 15%
🟢Solana (SOL) at 8%
🔵 Cronos (CRO) at 5%
🟢 Ripple (XRP) at 2%
This filing builds on previous submissions for Bitcoin-only and Bitcoin-Ethereum combination ETFs.
Crypto.com is designated as the exclusive digital asset custodian. If approved, the ETF's shares are intended to be listed on NYSE Arca, further bridging the gap between mainstream markets and the burgeoning crypto sector.