Trump Media Plans To Launch ‘Crypto Blue Chip ETF’ Holding Bitcoin, Ether, Solana and More
Key Takeaways
- Trump Media filed to create a crypto exchange-traded fund that would include Solana, Cronos, and XRP, in addition to Bitcoin and Ether.
- The Truth Social Crypto Blue Chip ETF would be 70% Bitcoin, with smaller percentages of the other crypto tokens.
- Trump Media has filed to launch three crypto ETFs this year, each with a different component breakdown.
Trump Media & Technology Group (DJT) plans to launch another exchange-traded fund that holds more than just Bitcoin and Ether.
The Truth Social parent company, founded by President Donald Trump, filed Tuesday to create the Truth Social Crypto Blue Chip ETF. The fund would be made up of 70% Bitcoin and 15% Ether, along with 8% Solana, 5% Cronos, and 2% XRP. The filing…
