Trump Media & Technology Group filed for the “Truth Social Crypto Blue Chip ETF” with the SEC, featuring a diversified portfolio including XRP.
The ETF consists of a five-coin portfolio with allocations of approximately 70% bitcoin, 15% ether, 8% solana, 5% Cronos, and 2% XRP, marking Trump's first venture beyond bitcoin and ether.
Solana, Cronos, and XRP's inclusion in the ETF hints at how Trump's team perceives the top crypto assets, with each token representing different aspects of the crypto market.
XRP's modest two-percent allocation reflects its evolving legitimacy and institutional adoption, despite past controversies related to the Ripple connection.