Trump Media & Technology Group (TMTG), the parent company of the social media platform Truth Social, has officially filed applications for two new cryptocurrency-focused exchange-traded funds (ETFs). According to regulatory documents, the proposed funds aim to track a basket of major digital assets, specifically highlighting Bitcoin (BTC), Ether (ETH), and Cronos (CRO) as key components. This move marks a significant expansion for the company into the decentralized finance sector, following President-elect Donald Trump’s recent pro-crypto campaign stances and the launch of his family’s crypto venture, World Liberty Financial. The ETFs are designed to offer investors a regulated vehicle to gain exposure to the volatility and potential growth of the crypto market. Industry analysts suggest that the inclusion of Cronos alongside the two largest cryptocurrencies indicates a strategic focus on utility-driven blockchain ecosystems. If approved, these financial products will further solidify the intersection of the Trump brand with the digital asset industry.
Source: Trump Media files for two new crypto ETFs tied to Bitcoin, Ether, Cronos
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