Trump Media files for third crypto ETF
President Donald Trump’s Trump Media and Technology Group (TMTG), the owner of Truth Social, has filed to launch a digital assets ETF invested in a basket of cryptocurrencies.
The proposed Truth Social Crypto Blue Chip ETF would invest in multiple cryptocurrencies. According to its preliminary S-1 filing with the Securities and Exchange Commission (SEC), the fund is aiming to invest 70% in bitcoin, 15% in Ethereum, 8% in Solana and 2% in XRP.
Crypto.com is set to be the ETF’s custodian while Yorkville America Digital is listed as its sponsor. Pending approval, the ETF would be listed on NYSE Arca.
