Trump Media’s Truth Social Funds Applies for New Crypto ETFs
- Truth Social Funds has filed to launch two new crypto ETFs focused on Bitcoin, Ethereum, and Cronos.
- The Bitcoin and Ethereum ETF will split exposure with a planned allocation of approximately a 60-40 split in favor of BTC.
- Crypto.com is partnering as the digital asset custodian and staking services provider for these ETFs.
- Shares in Trump Media’s DJT rose by about 0.8% but have declined nearly 39% over the past six months.
Truth Social Funds, part of Trump Media, is expanding its offerings with two new crypto-focused ETFs that aim to provide exposure to major digital assets like Bitcoin, Ethereum, and Cronos, with Crypto.com facilitating custody and staking services.
These filings follow previous applications for other crypto ETFs, indicating a strategic push into the cryptocurrency investment space by Truth Social Funds. Source
