Friends, here is an interesting piece of news from the crypto world — in simple words! 🧃
Trump Media (yes, the one associated with Donald Trump) has filed an application with the U.S. regulator SEC to create a cryptocurrency ETF called Crypto Blue Chip ETF. 💼
❓ What is an ETF?
It's like a basket that holds several assets at once. Instead of buying each token separately, you just take a 'piece' of the entire basket — convenient and simple! 🍉
📦 This ETF includes:
Bitcoin ($BTC ) — 70% 🟠
Ethereum ($ETH ) — 15% 🟣
Solana ($SOL ) — 8% 🔵
Ripple (XRP) — 5% 💧
Cronos (CRO) — 2% 🐊
💡 This portfolio is suitable for those who want to invest in top cryptocurrencies without getting into the details of each one.
Why is this important?
📈 A crypto ETF is a signal: cryptocurrencies are becoming closer to the 'official' economy. This may attract new investors, especially beginners who do not want to deal with wallets and exchanges.
📢 If you are just starting your journey into the crypto world — such tools can be a great starting point!