Trump Media seeks SEC approval for bitcoin and ethereum ETF

| Importance: 8/10 | Status: confirmed

Trump Media sought SEC approval to launch a combined Bitcoin and Ethereum ETF, with a proposed asset allocation of 75% Bitcoin and 25% Ethereum. The ETF, to be listed on NYSE Arca, will be custodied by Crypto.com and sponsored by Yorkville America Digital, representing an expansion of Trump’s media and financial ventures into cryptocurrency markets.

Key Actors

Donald Trump Trump Administration Crypto.com Yorkville America Digital

Tags

crypto media-control regulatory-capture financial-services etf sec-filing

Sources (3)

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