Truth Social has taken another step into crypto by filing for two exchange-traded funds with the U.S. SEC. The proposed products include a Bitcoin and Ether ETF with a 60-40 allocation favoring Bitcoin, and a Cronos Yield Maximizer ETF designed to generate returns through staking rewards.
If approved, Crypto.com will provide custody, liquidity, and staking services. The Cronos-focused ETF stands out because it would stake tokens to earn rewards, offering yield beyond simple price exposure. This could differentiate it from many existing spot crypto ETFs that only track asset prices.
Truth Social had previously filed for a spot Bitcoin ETF and a Blue Chip Digital Asset ETF, but neither has launched yet. Bloomberg analysts expect approvals could come in the coming months.
Shares of Trump Media ended the week slightly higher, although they remain significantly down over the past six months. The filings highlight growing institutional interest in regulated crypto investment products.
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