Global Stock News

Trump Media (DJT) Aims to Bring Blue Chip Crypto ETF to Market

Trump Media (DJT) Aims to Bring Blue Chip Crypto ETF to Market

U.S. President Donald Trump’s Media & Technology Group (NASDAQ: DJT) has filed to list a new crypto exchange-traded fund (ETF) that would track a selection of digital assets, the latest in a string of such efforts tied to the Trump brand.

jwp-player-placeholder

The proposed “Truth Social Crypto Blue Chip ETF” would hold a portfolio of five tokens: bitcoin

, ether (ETH), solana (SOL), XRP (XRP) and cronos (CRO), according to a filing with the SEC. Eighty-five percent of the fund’s holdings would be split between bitcoin and ether. Solana would make up 8%, cronos 5% and XRP 2%.

The ETF is being launched in partnership with Yorkville America Digital, the same asset manager backing Trump Media’s earlier filings for a combined Bitcoin and Ether ETF, as well as…

Source link

Share this article

Scroll to Top