Trump Media and Technology Group has filed with the SEC to launch a new ETF called the Truth Social Crypto Blue Chip ETF, which will include major cryptocurrencies such as Bitcoin, Ethereum, Solana, XRP, and Cronos. The ETF is expected to allocate 70% to Bitcoin, 15% to Ethereum, 8% to Solana, 5% to Cronos, and 2% to XRP. This is part of the firm's strategy to engage with the growing interest in digital assets, following the success of various Bitcoin ETFs that have collectively amassed nearly $50 billion since their introduction in January 2024. TMTG plans to offer additional crypto ETFs, including the America First Bitcoin Fund and the America First Blockchain Leaders Fund. If the new ETF is approved, it will be traded on NYSE Arca, with Crypto.com acting as the custodian.

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