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Trump Media Plans ‘Crypto Blue Chip Fund’ in 3rd ETF Venture

Trump Media Plans ‘Crypto Blue Chip Fund’ in 3rd ETF Venture

The social media firm owned by President Donald Trump is planning an exchange-traded fund (ETF) that would hold cryptocurrencies such as bitcoin, ether and solana, Bloomberg News reported Tuesday (July 8), citing a regulatory filing.

According to the report, the “Crypto Blue Chip Fund” marks the company’s third filing for a crypto ETF, having already filed for a bitcoin-eEther product along with one solely connected to bitcoin. If and when they launch, Bloomberg noted, they’ll be part of a hectic field of crypto-focused offerings, with more than 10 bitcoin-specific funds already trading in the U.S.

Trump’s increasing connections to the digital asset world has been the target of criticism from ethics experts, the report…

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