Trump Media to Launch Crypto ETF Backed by Bitcoin, Ethereum, Solana & More
In a bold and unexpected move, Trump Media & Technology Group (TMTG) has filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) centered around popular cryptocurrencies. Dubbed the “Truth Social Crypto ETF”, this new financial product aims to provide mainstream investors with exposure to digital assets through a regulated investment vehicle.
The ETF is designed to allocate approximately 70% of its holdings to Bitcoin, 15% to Ethereum, and smaller percentages to other major tokens such as Solana (SOL), XRP, and Crypto.com Coin (CRO). This portfolio structure mirrors the dominance and liquidity of these assets in the current market, suggesting a cautious yet optimistic approach to mainstream crypto exposure.
This announcement has stirred considerable discussion in both the financial and political communities, as it marks the former U.S. president’s media arm’s direct involvement in the cryptocurrency space. Coming at a time when crypto ETFs—especially those involving Bitcoin and Ethereum—are gaining traction, the move appears strategic, tapping into a growing base of retail and institutional interest in digital assets.
Market analysts speculate that the move could energize conservative retail investors who align with Trump’s brand, offering a crypto investment product framed within a familiar political and media context. On the other hand, critics argue that the fund might draw scrutiny over potential regulatory challenges, especially given the SEC’s ongoing hesitance to approve more diverse or speculative crypto-based ETFs.
If approved, this ETF would become one of the most high-profile, politically branded digital asset funds in the market—highlighting the mainstream shift of crypto from fringe investment to national economic conversation.