Trump Media has filed for a new exchange-traded fund (ETF) allocating 75% to Bitcoin and 25% to Ethereum, pending regulatory approval. Crypto.com will serve as the custodian, leveraging its security protocols and compliance standards to underpin the fund’s credibility.
The ETF aims to capitalize on institutional interest in major Layer-1 blockchains and is slated for listing on NYSE Arca, potentially broadening access for retail and institutional investors. Regulatory approval from the SEC remains a critical hurdle, though recent greenlights for similar crypto-based products signal a shifting landscape.
If approved, the ETF could enhance liquidity and investor participation in Bitcoin and Ethereum, further integrating cryptocurrencies into traditional finance frameworks.