Trump Media files for ‘Crypto Blue Chip ETF’ with SEC
President Donald Trump continues to expand his crypto-related offerings, this time with a planned exchange-traded fund tied to the prices of five popular cryptocurrencies.
Trump Media & Technology Group, a Florida company that operates the Truth Social media platform, announced Tuesday it had filed paperwork with the Securities and Exchange Commission for approval to launch the “Crypto Blue Chip ETF” later this year.
The proposed ETF would have 70% of its holdings in bitcoin, the world’s most popular cryptocurrency, 15% in ethereum, the second-most…
