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Trump Media Files for ‘Crypto Blue Chip’ ETF Holding Bitcoin, Ethereum, Solana and XRP

Trump Media Files for ‘Crypto Blue Chip’ ETF Holding Bitcoin, Ethereum, Solana and XRP

In brief

  • Trump Media and Technology Group has filed a registration statement with the SEC for its “Crypto Blue Chip ETF.”
  • The Truth Social Crypto Blue Chip ETF will be composed of Bitcoin, Ethereum, Solana, XRP, and Cronos.
  • TMTG has also made moves to offer a spot Bitcoin ETF as well as a joint Bitcoin and Ethereum ETF.

Trump Media and Technology Group has applied with federal regulators to offer an exchange-traded fund tracking the prices of Bitcoin, Ethereum, Solana, Cronos, and XRP, the fintech firm said Tuesday in a statement. 

The Truth Social Crypto Blue Chip ETF will be composed of 70% BTC, 15% ETH, 8% SOL, 5% CRO, and 2% XRP, according to an S-1 registration statement filed last Thursday with the U.S. Securities Exchange…

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