Trump Media & Technology Group Corp. has filed for a new exchange-traded fund named 'Crypto Blue Chip' focusing on digital assets like Bitcoin, Ether, Solana, Cronos, and XRP.
This filing marks Trump Media's third attempt at launching a crypto-based ETF, with previous filings including a Bitcoin-Ether product and one tied solely to Bitcoin.
The fund, if launched, would compete in a crowded field of cryptocurrency offerings in the US market, with Trump Media facing competition from existing Bitcoin-specific funds and other digital asset products.
Criticism has arisen over President Trump's deepening involvement in the crypto industry, with concerns raised regarding potential financial conflicts of interest despite assertions of separation from his business ventures.