Trump Media and Technology Group Corp. has filed for a Bitcoin and Ethereum ETF, a move that may deepen institutional involvement in cryptocurrency.
ETF Application and Structure
On July 2, 2025, Trump Media submitted an initial registration statement for an ETF that will allocate 75% of its assets to Bitcoin and 25% to Ethereum. Asset management and trading will be handled by Crypto.com.
Awaiting SEC Decisions and Market Impact
The ETF will trade on NYSE Arca pending SEC approval for the registration and the 19b-4 form. So far, the application has not significantly impacted Bitcoin and Ethereum prices, although approval anticipations may influence institutional investments in these cryptocurrencies.
Prospects for Institutional Investments
The introduction of a Bitcoin and Ethereum ETF could set a new precedent in the U.S. ETF market, potentially increasing institutional allocations to these cryptocurrencies. As of July 2, 2025, Bitcoin is priced at $108,514.33, with a market cap of $2.16 trillion.
The expectations tied to the potential approval of the Bitcoin and Ethereum ETF indicate a growing interest from institutional investors, confirming the increasing integration of traditional finance with cryptocurrencies.
