Trump Media files for ‘Crypto Blue Chip ETF’ with SEC


Source: cp24.com cp24.com
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U.S. President Donald Trump continues to expand his crypto-related offerings, this time with a planned exchange-traded fund tied to the prices of five popular cryptocurrencies. Trump Media & Technology Group, a Florida company that operates the Truth Social media platform, announced Tuesday it had filed paperwork with the Securities and Exchange Commission for approval to launch the "Crypto Blue Chip ETF" later this year. The proposed ETF would have 70 per cent of its holdings in bitcoin, the world's most popular cryptocurrency, 15 per cent in ethereum, the second-most popular, and 8 per cent in solana, a cryptocurrency popular in…