Trump Media Files Bitcoin Ethereum ETF With 75% 25% Allocation

Trump Media and Technology Group Corp. has filed a registration statement with the Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) focused on Bitcoin and Ethereum. The filing, submitted on June 16, 2025, marks a significant move by the company into the cryptocurrency market. The ETF, which will be listed on the New York Stock Exchange (NYSE), aims to provide investors with exposure to the two largest cryptocurrencies by market capitalization.

The ETF, initiated by Trump Media, proposes a 75% allocation to Bitcoin and 25% to Ethereum. This unique structure, backed by Yorkville America Digital, seeks regulatory approval for listing. Until now, there is no on-chain evidence of BTC purchases by Trump Media. Trump Media's strategic collaboration with Crypto.com aims to provide institutional-grade security for Bitcoin and Ethereum holdings. The ETF, if approved, will list on NYSE Arca, highlighting increased institutional interest in digital assets.

The filing comes as part of Trump Media's broader strategy to expand its digital and financial offerings. The company, which already operates the social media platform Truth Social, is seeking to diversify its revenue streams and attract a wider range of investors. The ETF will track the performance of Bitcoin and Ethereum, allowing investors to gain exposure to these digital assets without the need to directly purchase and store them.

The move by Trump Media is notable given the regulatory scrutiny that cryptocurrencies have faced in recent years. The SEC has been cautious in approving ETFs that track digital assets, citing concerns over market manipulation and investor protection. However, the filing of this ETF suggests that the regulatory environment may be shifting, with more opportunities for cryptocurrency-related financial products to gain approval.

The ETF will be managed by Trump Media's subsidiary, Truth Social, which has been actively involved in the development of the product. The company has filed a Form 19b-4 with the SEC, which is a necessary step in the process of listing a new ETF on a national securities exchange. The filing includes detailed information about the ETF's investment strategy, risk factors, and fees.

Industry reactions remain measured, with no official comments from high-profile cryptocurrency figures. The ETF could stimulate interest in dual-asset investment, potentially affecting BTC and ETH liquidity. Speculation on regulatory and market impacts is ongoing. The dual allocation ETF represents a novel approach within the market. Historically, BTC-centric ETFs led to significant asset inflows, while ETH-focused ETFs had limited price impact. Its final approval may set new market precedents.

The launch of this ETF is expected to generate significant interest among investors, particularly those who are bullish on the long-term prospects of Bitcoin and Ethereum. The ETF will provide a convenient and regulated way for investors to gain exposure to these digital assets, which have seen significant price volatility in recent years. However, it is important to note that investing in cryptocurrencies carries inherent risks, and investors should carefully consider their investment objectives and risk tolerance before investing in this ETF.

The filing of this ETF also highlights the growing interest in cryptocurrencies among mainstream financial institutions and investors. As the market for digital assets continues to evolve, more companies are likely to explore opportunities to offer cryptocurrency-related financial products. The approval of this ETF could pave the way for other companies to launch similar products, further expanding the range of investment options available to investors.

In summary, Trump Media's filing for a Bitcoin and Ethereum ETF represents a significant development in the cryptocurrency market. The ETF, which will be listed on the NYSE, aims to provide investors with exposure to the two largest cryptocurrencies by market capitalization. The filing comes as part of Trump Media's broader strategy to expand its digital and financial offerings, and it highlights the growing interest in cryptocurrencies among mainstream financial institutions and investors. However, investors should carefully consider the risks associated with investing in cryptocurrencies before investing in this ETF.