Trump Media & Technology Group Launches Crypto Blue Chip ETF to Simplify Cryptocurrency Investment

Published at 2025-07-08 23:13:29

Trump Media & Technology Group, the company behind Truth Social, has recently filed with the U.S. Securities and Exchange Commission (SEC) to launch a new cryptocurrency exchange-traded fund (ETF) called the "Crypto Blue Chip ETF." This ETF will primarily focus on investing in five major cryptocurrencies — allocating 70% of its assets to Bitcoin, 15% to Ethereum, 8% to Solana, 5% to Ripple's XRP, and 2% to Crypto.com's token.

This development signifies a notable shift from Trump Media's earlier proposal that targeted only Bitcoin and Ethereum. By creating the Crypto Blue Chip ETF, the company aims to simplify cryptocurrency investment for retail investors by offering exposure to top digital assets through a traditional ETF structure, thus eliminating the need for direct crypto purchases and wallet management.

The move is consistent with the broader crypto-friendly regulatory approach adopted during the Trump administration, marked recently by updated SEC guidelines and slowed enforcement actions. While once skeptical of cryptocurrencies, former President Trump has embraced the crypto industry, which has also played a considerable role in financially supporting him.

Nevertheless, the administration's close financial ties to crypto businesses have sparked debates on ethics and the long-term stability of the crypto space. Despite criticism, Trump insists that these policies aim to position the United States as a global leader in cryptocurrency innovation and adoption.

For those interested in exploring cryptocurrency investment in more accessible ways, platforms like Bitlet.app provide a unique Crypto Installment service. Bitlet.app enables users to invest in digital assets by buying cryptocurrencies now and paying in monthly installments, reducing the barrier to entry and making crypto investing more manageable and affordable.

Overall, this ETF launch and emerging payment services reflect the evolving landscape of crypto investment and its increasingly mainstream acceptance.

Share on:

Related news

Ego Death Capital Closes $100M Fund Focused on Bitcoin-Based Innovation

Ego Death Capital has raised $100 million in its second fund to invest in software companies leveraging Bitcoin technology. Backed by family offices, the fund prioritizes long-term value creation in the Bitcoin ecosystem, funding firms like Roxom, Relai, and Breez. This move highlights a growing trend towards sustainable Bitcoin businesses and innovation beyond crypto speculation.

ReserveOne to Go Public via SPAC, Backed by Leading Crypto Firms

ReserveOne is set to go public on Nasdaq through a SPAC deal, managing a $1 billion cryptocurrency portfolio including Bitcoin, Ethereum, and Solana. With backing from Blockchain.com and Kraken, and leadership from industry veterans, this move signals growing integration of crypto assets into mainstream markets.

Dubai and USA Lead Global Crypto Adoption with Legal Recognition of Cryptocurrencies

Dubai has announced accepting cryptocurrencies for public services, while the USA moves toward legislative recognition of Bitcoin and Ethereum as legal payment forms. These steps highlight a global trend in crypto integration.