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…