Trump Media and Technology Group has jumped into the crypto game with both feet. The company just filed paperwork with the SEC for a new Truth Social Crypto Blue Chip ETF. This fund will pack five different digital currencies into one investment package. Bitcoin takes up most of the space at 70 percent. Ether grabs 15 percent of the mix.
Solana will hold 8 percent of the fund. Cronos gets 5 percent and Ripple takes the remaining 2 percent slice. Crypto.com will handle all the technical stuff as the custodian and trading partner. The company already submitted applications for two other crypto funds earlier. One focuses just on Bitcoin and another splits between Bitcoin and Ethereum.
Trump Media's main business Truth Social barely makes any money right now. The platform only brought in $821,000 during the first quarter of 2025. The company lost $30 million during that same period. Truth Social users have grown rapidly thanks to President Trump's regular posts on the platform. Daily active users jumped 106 percent compared to last year reaching 359,000 people in May.
The company approved $250 million to create custom investment products under its Truth.Fi brand. Trump Media also set up a $400 million program to buy back its shares. The business raised $2.3 billion through convertible notes and stock sales to build a Bitcoin treasury.
Solana will hold 8 percent of the fund. Cronos gets 5 percent and Ripple takes the remaining 2 percent slice. Crypto.com will handle all the technical stuff as the custodian and trading partner. The company already submitted applications for two other crypto funds earlier. One focuses just on Bitcoin and another splits between Bitcoin and Ethereum.
Trump Media's main business Truth Social barely makes any money right now. The platform only brought in $821,000 during the first quarter of 2025. The company lost $30 million during that same period. Truth Social users have grown rapidly thanks to President Trump's regular posts on the platform. Daily active users jumped 106 percent compared to last year reaching 359,000 people in May.
The company approved $250 million to create custom investment products under its Truth.Fi brand. Trump Media also set up a $400 million program to buy back its shares. The business raised $2.3 billion through convertible notes and stock sales to build a Bitcoin treasury.
