Trump Media Files for Truth Social Crypto Blue Chip ETF

Trump Media and Technology Group Corp. (DJT), operator of Truth Social and Truth+, announced today the filing of an initial registration statement with the U.S. Securities and Exchange Commission (SEC) for its new Truth Social Crypto Blue Chip ETF, ticker B.T.

The proposed exchange-traded fund is designed to hold a diversified portfolio of major cryptocurrencies directly, with a significant allocation to Bitcoin. Its intended asset distribution includes 70% in Bitcoin, 15% in Ether, 8% in Solana (SOL), 5% in Cronos (CRO), and 2% in Ripple (XRP).

Crypto.com has been selected as the exclusive digital asset custodian and prime execution agent for the ETF, also serving as the staking and liquidity provider. The launch of the ETF is contingent upon the SEC declaring the registration statement effective and approving a Form 19b-4 filing, after which its shares are expected to be listed on NYSE Arca.

阅读中文版 (Read Chinese Version)

Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your rights have been infringed, contact us for removal.