Trump's Truth Social has filed paperwork with the U.S. SEC to launch an ETF focusing on top digital assets like BTC, ETH, XRP, and Solana.
The ETF, called the Truth Social Crypto Blue Chip ETF, will have a diversified portfolio including 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% Ripple.
Crypto.com will handle custody, execution, and liquidity services for the ETF, aimed at providing institutional investors easy exposure to cryptocurrencies.
The SEC accepted the ETF filing, signaling Trump Media's serious entry into the crypto financial world, potentially attracting traditional investors to cryptocurrencies.