news 
Trump’s Media Files For ‘Crypto Blue Chip’ ETF Tracking BTC, ETH, SOL, XRP, and CRO
Trump Media & Technology Group has announced its plans to launch a new crypto blue chip ETF that will track the prices of Bitcoin, Ethereum, Solana, Ripple (XRP), and Cronos. The proposed ETF, dubbed “Crypto Blue Chip,” would offer investors an opportunity to gain exposure to some of the largest digital currencies in the market.
The filing with the U.S. Securities and Exchange Commission (SEC) marks another significant milestone for Trump Media as it seeks to further its presence in the crypto market. This move is consistent with his administration’s stance on promoting the growth of the sector, despite ongoing debates regarding regulatory oversight and potential conflicts of interest.
According to the preliminary prospectus, the ETF would use Crypto.com to handle custody execution and provide liquidity services. The new product aims to track the performance of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO) assets.
Source: cryptotale.org
