Trump Media & Technology Group plans to launch a crypto ETF called 'Crypto Blue Chip ETF' that will include bitcoin, ethereum, solana, and other tokens.
The company filed an S-1 with the SEC through its parent company, seeking approval to launch the Truth Social Crypto ETF, sponsored by Yorkville America Digital.
The ETF is part of Trump's efforts to deepen involvement in the crypto space, following the launch of meme coins and stablecoins, amidst growing government support for crypto.
The proposed ETF will predominantly hold bitcoin, with smaller allocations to other top tokens like ether, SOL, CRO, and XRP, reflecting an attempt to tap into the booming crypto market.