🚀 Trump Media Expands Crypto Push With Proposed BTC, Ether & Cronos ETFs
Trump Media & Technology Group, through its affiliate Truth Social Funds, has filed new ETF proposals with the U.S. Securities and Exchange Commission (SEC) targeting Bitcoin (BTC), Ethereum (ETH) and Cronos (CRO).
Proposed Products:
Truth Social Bitcoin & Ether ETF – tracks combined BTC/ETH performance and aims to include Ether staking rewards.
Truth Social Cronos Yield Maximizer ETF – targets CRO exposure plus staking yield from the Cronos blockchain.
Partnership & Structure:
ETFs are expected to be managed with Crypto.com providing custody, liquidity & staking services.
Yorkville America Equities acts as the investment adviser on the filings.
Planned management fee for each fund is ~0.95%.
📊 Why It Matters
• The filings arrive as established BTC spot ETFs have faced net outflows, signaling issuers are seeking new ways to attract investors.
• Inclusion of staking yield features could differentiate these ETFs from traditional passive funds and appeal to yield-seeking traders.
• CRO markets have reacted positively: the token has seen an approx ~6% rally amid the ETF narrative.
Market Takeaway:
This move marks a renewed institutional push into crypto investment products, blending regulated financial structures with innovative yield components — potentially broadening appeal beyond traditional spot exposure.
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