Trump Media & Technology Group, through its platform Truth Social, has filed for an ETF covering Bitcoin and Ethereum, which may expand access to digital assets on a regulated basis.
ETF Application and its Goals
On June 16, 2025, Trump Media filed for an ETF covering Bitcoin and Ethereum. This ETF aims to attract mainstream investors by providing regulated exposure to these cryptocurrencies.
Dual Exposure Strategy
The ETF filing includes a dual exposure strategy, allocating 75% of funds to Bitcoin and 25% to Ethereum. The fund is expected to be custodied by Crypto.com’s Foris DAX Trust Company, with Yorkville America Digital as the sponsor.
Potential Market Impact of New ETF
The involvement of a high-profile entity like Trump Media could spur wider market acceptance and prompt other firms to pursue similar products. As Donald Trump noted, 'We are excited to offer a regulated way for investors to gain exposure to Bitcoin and Ethereum through our ETF.'
Such initiatives may strengthen the cryptocurrency market and increase interest in regulated financial instruments among a broader audience of investors.