Trump Plans Crypto ETF With Top 5 Digital Assets

In a bold move that further cements his growing presence in the cryptocurrency world, former President Donald Trump is pushing forward with a new digital asset venture. His company, Trump Media & Technology Group, best known for operating the Truth Social platform, has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) called the “Crypto Blue Chip ETF.”

This new ETF wouldn’t just focus on Bitcoin and Ethereum, as previously announced by the company. Instead, it aims to capture a wider slice of the crypto market by including five major digital currencies. The proposed fund would hold 70% Bitcoin, 15% Ethereum, 8% Solana, 5% XRP (developed by Ripple), and 2% CRO (developed by Crypto.com, which will also serve as the ETF’s digital custodian).

By offering this ETF, Trump Media is looking to make cryptocurrency investing more accessible to the general public. Unlike buying and holding individual digital assets, which can be complex and sometimes risky for new investors, ETFs offer a more traditional and regulated investment vehicle. This approach allows investors to gain exposure to the crypto market without the need for personal digital wallets or direct asset management.

The timing of this move is especially notable. Since taking office, the Trump administration has made efforts to roll back some of the regulatory pressures that previously loomed over crypto companies. The SEC recently introduced new guidelines designed to streamline the approval process for crypto-based ETFs, and some enforcement actions have reportedly been paused or withdrawn.

Trump’s transformation from a vocal bitcoin skeptic to a high-profile crypto supporter has raised eyebrows. But it’s clear that his administration sees potential in the industry, and possibly political advantage as well. Crypto firms, including Ripple, have contributed significantly to Trump’s political efforts, and the former president has repeatedly spoken about making the U.S. the global hub for digital finance.

While critics have questioned the overlap between Trump’s policy agenda and his business interests, supporters argue that the move could help legitimize cryptocurrencies in the eyes of traditional investors. The announcement also highlights the Trump family’s wider effort to build influence in a rapidly growing industry.

For now, the “Crypto Blue Chip ETF” remains in the proposal stage, with no confirmation on whether earlier plans for a bitcoin-and-ethereum-only fund will move forward. Trump Media has not issued additional statements on the matter.

Regardless of political stance, one thing is clear: Trump’s involvement in the crypto space is only deepening. And with a proposed ETF that includes some of the industry’s most talked-about tokens, he’s sending a clear message: cryptocurrency is not just a trend. It’s a part of his long-term business and political strategy.