{"id":35892,"date":"2025-07-09T09:31:32","date_gmt":"2025-07-09T09:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35892"},"modified":"2025-07-09T09:31:32","modified_gmt":"2025-07-09T09:31:32","slug":"trump-media-accelerates-crypto-pursuits-files-third-etf-filing","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35892","title":{"rendered":"Trump Media Accelerates Crypto Pursuits, Files Third ETF Filing"},"content":{"rendered":"
\n

President Donald Trump\u2019s social media company announced <\/a>on Tuesday plans to launch a new crypto exchange-traded fund (ETF) that will track the prices of five different cryptocurrencies.\u00a0<\/p>\n

The company filed paperwork with the US Securities and Exchange Commission (SEC) on Tuesday, aiming for approval to introduce the \u201cCrypto Blue Chip ETF\u201d later this year.<\/p>\n

New Crypto Blue Chip ETF<\/h2>\n

The proposed crypto ETF is designed to allocate 70% of its holdings in Bitcoin (BTC), the leading cryptocurrency, with an additional 15% in Ethereum (ETH), the second-largest digital asset.\u00a0<\/p>\n

It will also include 8% in Solana (SOL), hold 5% in XRP, the cryptocurrency developed by Ripple Labs, and 2% in the digital asset <\/a>created by Crypto.com (CRO), which is set to serve as the ETF\u2019s digital custodian.<\/p>\n

This latest offering follows Trump Media\u2019s earlier announcements about a simpler crypto ETF that only included Bitcoin and Ethereum. However, it remains unclear whether the company intends to proceed with that initial concept.<\/p>\n

Crypto ETFs<\/a> have surged in popularity, providing investors a streamlined way to gain exposure to the crypto market without the need to purchase the assets directly. The increasing interest in these funds has been evident since the first Bitcoin ETFs began trading in US markets last year.<\/p>\n

Trump\u2019s Crypto Strategy For The US<\/h2>\n

Recent developments in regulatory guidance from the SEC could further facilitate the launch of such products. The agency has made moves towards creating a more favorable environment for crypto businesses, including dropping or pausing several enforcement actions against crypto companies<\/a> since Trump took office.\u00a0<\/p>\n

Over the past month, the regulatory agency, under the leadership of pro-crypto SEC Chairman Paul Atkins, has moved forward to end legal disputes with key players, such as Binance, Coinbase, and Uniswap.<\/p>\n

Interestingly, Trump\u2019s stance on Bitcoin has evolved significantly as well. Once a skeptic of cryptocurrencies, he has since embraced the industry, which has become a source of substantial campaign contributions and support.\u00a0<\/p>\n

While the Trump administration has actively supported crypto-friendly regulations, this has raised eyebrows among critics. Allegations of potential corruption have emerged from Democrats, alongside concerns from some within the crypto community about the implications of Trump\u2019s family\u2019s expanding crypto business ventures<\/a>.<\/p>\n

At a recent news conference, Trump addressed these concerns, asserting that his family\u2019s investments were entirely appropriate and highlighting his administration\u2019s commitment to making the US the global leader in cryptocurrency. \u201cIf we didn\u2019t have it, China would,\u201d the President said.\u00a0<\/p>\n

\"Trump\"<\/p>\n

At the time of writing, the official TRUMP memecoin is trading at $8.58. This represents a 17% drop over the past month and an 88% drop from its record high of $73, which was reached 24 hours after the token\u2019s launch.<\/p>\n

Featured image from DALL-E, chart from TradingView.com<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump\u2019s social media company announced on Tuesday plans to launch a new crypto exchange-traded fund (ETF) that will track the prices of five different cryptocurrencies.\u00a0 The company filed paperwork with the US Securities and Exchange Commission (SEC) on Tuesday, aiming for approval to introduce the \u201cCrypto Blue Chip ETF\u201d later this year. New […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35892","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35892"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35892\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}