Trump Media Files For Crypto ETF To Include XRP, SOL, CRO

Trump Media, the father or mother firm of Fact Social that’s managed by the Trump household, has submitted an S-1 submitting to US regulators to launch a blue-chip crypto ETF (exchange-traded fund).

The event comes simply 24 hours after Trump Media’s submitting for a twin Bitcoin and Ethereum ETF was acknowledged by the US Securities and Trade Fee (SEC).

SOL, CRO And XRP Included In New ETF

Whereas the twin ETF solely focuses on the 2 main cryptos by market cap, the brand new ETF software, which was filed yesterday, additionally contains Solana (SOL), Cronos (CRO) and XRP (XRP). 

The submitting for the “Fact Social Crypto Blue Chip ETF” mentioned BTC and ETH may have an allocation of 70% and 15%, respectively. SOL, XRP and CRO will then all have single-digit allocations, with 8% to SOL, 5% to CRO and a couple of% to XRP.

Trump’s Fact Social information for index-based crypto ETF…

Would initially maintain approx 70% btc, 15% eth, 8% sol, 5% cro, & 2% xrp.

Once more, suppose we’re going to see huge wave of crypto index ETF filings. pic.twitter.com/eYF1sRJA5l

— Nate Geraci (@NateGeraci) July 8, 2025

CoinMarketCap knowledge exhibits that XRP is presently the third largest crypto by market cap, whereas SOL is ranked sixth. In the meantime, CRO is additional down the listing at quantity 34, with its capitalization standing at round $2.88 billion. 

CRO’s inclusion within the ETF software, regardless of its decrease rating in comparison with the opposite cryptos, may very well be as a consequence of Crypto.com’s partnership with Trump Media to launch a sequence of “Made In America” ETFs.

SOL, XRP and CRO all printed features within the final 24 hours, CRO main with a 14% pump.

Trump Media Blue Chip ETF Will Not Be Topic To CFTC Guidelines

If permitted, the Fact Social Crypto Blue Chip ETF will commerce on NYSE Arca, just like the corporate’s proposed twin ETF.

The submitting additionally mentioned that the ETF won’t function as a registered funding firm and won’t be topic to Commodity Futures Buying and selling Fee (CFTC) guidelines as a commodity pool.

The proposed blue chip crypto fund will as a substitute problem and redeem shares by approved broker-dealers in chunks of 10,000. By doing so, it makes it simpler for the ETF’s value to stay near the worth of the underlying digital belongings. 

Associated Articles:

Finest Pockets – Diversify Your Crypto Portfolio

Straightforward to Use, Characteristic-Pushed Crypto Pockets
Get Early Entry to Upcoming Token ICOs
Multi-Chain, Multi-Pockets, Non-Custodial
Now On App Retailer, Google Play
Stake To Earn Native Token $BEST
250,000+ Month-to-month Lively Customers