Trump Media Plans ‘Crypto Blue Chip Fund’ in 3rd ETF Venture

The social media firm owned by President Donald Trump is planning an exchange-traded fund (ETF) that would hold cryptocurrencies such as bitcoin, ether and solana, Bloomberg News reported Tuesday (July 8), citing a regulatory filing.

According to the report, the “Crypto Blue Chip Fund” marks the company’s third filing for a crypto ETF, having already filed for a bitcoin-eEther product along with one solely connected to bitcoin. If and when they launch, Bloomberg noted, they’ll be part of a hectic field of crypto-focused offerings, with more than 10 bitcoin-specific funds already trading in the U.S.

Trump’s increasing connections to the digital asset world has been the target of criticism from ethics experts, the report…

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