On Friday, the financial division of Trump Media & Technology Group (TMTG), known as Truth Social Funds, filed a registration statement with the SEC for two new exchange-traded funds in partnership with Crypto.com. The official filing reveals that Trump Media including the launch of the “Truth Social Cronos Yield Maximizer ETF” and the “Truth Social Bitcoin and Ether ETF.” Crypto.com CEO Kris Marszalek confirmed that his platform will serve as the custodian and staking services provider, marking an unprecedented integration between Donald Trump’s media brand and the digital asset ecosystem.

These financial products are built under an “America First” philosophy and aim to offer direct exposure to both price volatility and the staking rewards of key assets. The Cronos (CRO) fund will track the performance of the token linked to Crypto.com, while the Bitcoin and Ethereum ETF will utilize a 60/40 split between the market’s two leading cryptocurrencies. With this announcement, TMTG aims to revitalize its shares (DJT), which have suffered a 39% decline over the past six months, by capitalizing on the growing institutional interest in crypto-derivative products under a brand with a strong political identity.

The final approval of these filings will be closely monitored by the financial sector; according to Bloomberg analyst Eric Balchunas, they could become operational in the coming months. The next critical step will be observing the reception of these “ideological” funds compared to traditional competitors like BlackRock. Furthermore, investors will be watching to see if the inclusion of Cronos (CRO) and staking yields successfully attract enough liquidity to stabilize the company’s value on Wall Street, while TMTG continues to expand its investment portfolio in defense and real estate.


Source:https://www.prnewswire.com/news-releases/truth-social-funds-files-registration-statement-for-two-digital-asset-etfs-302687888.HTML


Disclaimer: Crypto Economy’s Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide rapid reporting on relevant facts within the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

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