NEWS  /  Brief News

Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF

Jun 16, 2025, 9:47 p.m. ET

AsianFin -- Donald Trump’s media company is looking to enter the cryptocurrency market with a new exchange-traded fund focused on the two largest digital assets.

On Monday, Trump Media & Technology Group filed documents with the U.S. Securities and Exchange Commission(SEC) seeking approval to launch a crypto ETF that would allocate 75% of its assets to bitcoin and 25% to ethereum.

According to the filing, Crypto.com will act as the fund’s liquidity provider and prime execution agent. The two companies already maintain a partnership, enabling retail investors to access cryptocurrency investments through Truth Social, Trump’s social media platform.

If approved, the ETF would mark a significant expansion of Trump Media’s presence in the digital asset space, aligning the company with a broader push toward mainstream crypto investment products.

Please sign in and then enter your comment