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Home BlockchainTrump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFs
Blockchain

Trump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFs

by Decrypt
written by Decrypt 0 comments
Trump Media Files to Launch Truth Social-Branded Bitcoin, Ethereum, Cronos ETFs

In brief

  • Trump Media’s Truth Social Funds applied for two new crypto ETFs centered on Cronos, Ethereum, and Bitcoin.
  • The joint Bitcoin and Ethereum ETF will split exposure to the top assets via an expected 60-40 split in favor of BTC.
  • Shares in DJT finished the day up around 0.8%, but are down nearly 39% in the last six months.

Truth Social Funds, the “America first” exchange-traded funds (ETFs) issuer from Trump Media and Technology Group (DJT), filed Friday to launch two new ETFs centered on…

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