Trump Media & Technology Group has filed for an ETF that includes Bitcoin and Ethereum. This move may boost institutional investor interest in cryptocurrencies.
ETF Application from Trump Media
Trump Media & Technology Group, operating Truth Social, filed a registration statement for a Bitcoin and Ethereum ETF with the U.S. Securities and Exchange Commission on July 8, 2025. This could enhance crypto adoption and align with growing institutional interest in digital assets.
Asset Allocation Strategy
The ETF plan proposes a 3:1 allocation of Bitcoin to Ethereum. While both assets saw minor price increases during the filing period, it remains unclear if the ETF announcement influenced this uptick.
Bitcoin Market Impact
As of now, Bitcoin's market capitalization stands at approximately $2.15 trillion, with a trading value near $107,960.07, showing a 40.28% increase over the last 90 days. This development could drive significant institutional interest, potentially escalating Bitcoin's market presence.
The ETF application by Trump Media may represent a significant milestone for the crypto market, opening new avenues for institutional investors and fostering greater acceptance of digital assets.
