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Trump Media & Technology Group (NYSE: DJT), the parent company of Truth Social, has filed for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) called the “Crypto Blue Chip ETF.” The fund is set to include bitcoin, ether, solana, XRP, and cronos, marking the first ETF to offer a diversified basket of prominent cryptocurrencies under the Trump-linked corporate umbrella.
According to filings, approximately 70–85% of the fund will be allocated to bitcoin and ether, with the remainder distributed as 8–15% solana, around 5% cronos, and 2–5% XRP. This diversification goes beyond existing spot crypto ETFs, which typically focus solely on bitcoin and ether, making it a significant first in the U.S. market.
Crypto.com’s custody subsidiary, Foris DAX Trust Company, will safeguard the fund’s assets. The ETF is expected to trade on NYSE Arca once both the S-1 registration and a 19b‑4 exchange filing are approved. This application represents Trump Media’s third filing for crypto ETFs, following earlier plans targeting only bitcoin or a bitcoin–ether combo.
The filing also comes amid a wave of pro-crypto signals from the Trump administration, including paused SEC enforcement actions, executive orders aimed at establishing a national bitcoin reserve, and approval processes for stablecoin rules. Trump remains the controlling shareholder of TMTG through a trust managed by his son, strengthening the fund’s political and strategic angle.
Industry analysts say the Crypto Blue Chip ETF may attract mainstream investors looking for diversified crypto exposure through a regulated vehicle. Its approval could clear the path for further multi-token funds from other issuers. However, critics warn that mixing political influence, Trump’s crypto-related businesses, and regulatory oversight may raise ethical concerns and complicate SEC scrutiny .
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