Trump Media filed for Bitcoin and Ethereum ETFs while also developing its own token and wallet ecosystem.
A $100M injection and exclusive crypto event sparked ethical concerns among US lawmakers.
Donald Trump is not the type to do things half-heartedly when entering a new world. This time, through Truth Social’s parent company, Trump Media & Technology Group (TMTG), they have officially filed two crypto ETF products at once: one focused on Bitcoin, and the other a Bitcoin-Ethereum mix.
This step was confirmed through the submission of an S-1 form to the SEC and also a 19b-4 document to the NYSE Arca for the ETF listing plan.
The ETF offered will put 75% of the funds into Bitcoin and 25% into Ethereum, with Crypto.com selected as the liquidity provider partner.
For many market players, this composition is not just an allocation strategy, but also a signal that TMTG wants to enter the crypto space through the main door. This is also part of a larger expansion, because previousl
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