Trump Media’s Proposed Bitcoin ETF May Include Solana, XRP, and Cronos Pending SEC Approval
2025-07-08 15:18:21
Main Idea
Trump Media and Technology Group has filed for a multi-asset crypto ETF featuring Bitcoin, Ethereum, and altcoins like Solana and XRP, with Crypto.com serving as custodian and execution agent.
Key Points
1. The proposed ETF allocates 70% to Bitcoin (BTC), 15% to Ethereum (ETH), and 15% to altcoins (8% Solana, 5% Cronos, 2% XRP).
2. The ETF will be structured as a Nevada business trust and listed on NYSE Arca.
3. Crypto.com will act as custodian and prime execution agent for the ETF.
4. The filing aligns with potential SEC rule changes that could expedite crypto ETF approvals.
5. Trump Media previously filed for a Bitcoin and Ethereum-focused ETF with a 75%/25% allocation.
Description
Trump Media and Technology Group is set to launch a pioneering ‘blue chip’ crypto ETF featuring major assets like Bitcoin, Ethereum, and select altcoins including Solana, XRP, and Cronos. The
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