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Trump Media wants to launch a crypto ETF backed by bitcoin and other top tokens

  • 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.

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