Redator Postado 10 horas atrás Denunciar Share Postado 10 horas atrás Trump Media & Technology Group, the company behind Truth Social, is expanding deeper into the crypto space. It has filed paperwork with the SEC for a new exchange-traded fund called the Crypto Blue Chip ETF. This new filing builds on earlier efforts by the company to launch Bitcoin-only and Bitcoin-Ethereum ETFs, but this time it goes further by including a wider range of major tokens. The Truth Social ETF is Trump Media’s latest step into crypto, offering a simple way to invest in big-name tokens like Bitcoin and Ethereum. What’s in the Fund The Crypto Blue Chip ETF proposes a mix of five digital assets. Bitcoin would make up the majority at 70 percent, followed by Ethereum at 15 percent. Solana, Cronos, and XRP would round out the portfolio with smaller allocations. Source: SEC.gov The fund would be managed by Yorkville America Digital, and custody services would be handled by Crypto.com’s Foris DAX Trust Company. Investors would get broad exposure to several top crypto assets without needing to buy or manage them individually. Why Now This move comes as the SEC has shown more willingness to greenlight crypto-related ETFs. The timing suggests that Trump Media is positioning itself to ride the wave of investor interest that has grown since spot Bitcoin ETFs entered the market last year. These new products have opened up crypto exposure to a broader set of investors, and the idea behind this fund is to simplify access to multiple top-performing coins in one place. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 A Bigger Push into Crypto The ETF filing is not a one-off. It fits into a larger strategy by the Trump-linked company to make crypto a bigger part of its overall business. Alongside the ETF filings, the company recently announced plans for a large Bitcoin treasury product and a new fintech platform called Truth.Fi. These developments suggest a clear focus on combining political capital with growing digital asset interest, particularly among retail traders and crypto-aligned voters. BitcoinPriceMarket CapBTC$2.17T24h7d30d1yAll time Former President Trump, once skeptical of Bitcoin, has more recently taken a friendlier stance toward the space. Ripple, the company behind XRP, reportedly donated to his inaugural committee. That change in tone has not gone unnoticed by the crypto community or by his critics. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 There is Some Pushback Not everyone is comfortable with the overlap between politics and finance in this case. Critics argue that using political momentum to drive interest in financial products creates potential ethical issues. There are concerns about whether this strategy blends campaign goals with investment promotion in a way that raises questions about fairness and transparency. What Are the Next Steps? For the ETF to go live, it will need regulatory approval from the SEC, both for the fund registration and for the exchange listing. If approved, the Crypto Blue Chip ETF would likely be listed on NYSE Arca. That would place it among a growing group of crypto ETFs already gaining traction, though this one would stand out for its political connection and multi-asset design. Whether the ETF gets the green light or not, it signals something bigger. Crypto is no longer sitting quietly at the edge of politics. It is increasingly becoming a talking point, a campaign topic, and now, a potential investment offering from a former president’s media company. If the SEC signs off, the Truth Social ETF could land on the NYSE and bring crypto investing one step closer to the mainstream. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Trump Media has filed for a Crypto Blue Chip ETF, expanding beyond earlier Bitcoin-only proposals to include Ethereum, Solana, Cronos, and XRP. The proposed fund allocates 70% to Bitcoin, 15% to Ethereum, with the rest split across other major tokens, offering broad crypto exposure. This move builds on Trump Media’s wider push into crypto, including plans for a Bitcoin treasury product and a fintech platform called Truth.Fi. Critics question the ethics of merging political influence with financial products, raising concerns about transparency and investor impact. The ETF still needs SEC approval, but its political ties and multi-asset design would make it a unique entry in the growing crypto ETF space. The post Trump’s Truth Social Files for Crypto Blue Chip ETF appeared first on 99Bitcoins. Citar Link para o comentário Compartilhar em outros sites More sharing options...
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