Trump Media’s New ‘Crypto Blue Chip ETF’ Filing Comes With A Twist
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Trump Media & Technology Group (NASDAQ:DJT) is expanding its presence in the cryptocurrency investment space, having filed to launch a new exchange-traded fund (ETF) that would directly hold a basket of major digital assets.
What Happened: The proposed fund, dubbed the “Crypto Blue Chip” ETF, aims to offer exposure to several high-profile tokens including Bitcoin (CRYPTO: BTC), Ether (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP), and Cronos (CRYPTO: CRO).
According to a regulatory filing made public on Tuesday, nearly 75% of the fund’s allocation would be concentrated in Bitcoin, reinforcing its central role in the…
