Trump Media Group Plans Second Crypto ETF Targeting Bitcoin and Ether for Cryptocurrency Market Expansion

·

Keywords:

Trump Media & Technology Group has announced plans to launch a new exchange-traded fund (ETF) that will invest in both Bitcoin (BTC) and Ethereum (ETH). The company recently filed an application with the U.S. Securities and Exchange Commission (SEC), marking its second cryptocurrency ETF submission within two weeks.

ETF Investment Breakdown

According to SEC filings:

Singapore-based Crypto.com will serve as the ETF’s custodian, underwriter, and liquidity provider.

Competitive Landscape

If approved, this ETF will join a crowded market dominated by major players like:

As of this week, Bitcoin ETFs alone manage $127.9 billion in assets**, highlighting strong investor demand. Since their January 2024 debut, U.S. Bitcoin ETFs have seen **$45.6 billion in net inflows, with holdings representing 25% of global Bitcoin trading volume.

👉 Explore the latest crypto ETF trends

Challenges for New Entrants

Morningstar ETF analyst Bryan Armour notes:

"New ETFs must differentiate through competitive pricing or brand leverage to succeed."

Trump Media has not disclosed fee structures, but industry averages hover at 0.12%. Sui Chung, CEO of CF Benchmarks, suggests the ETF may appeal to retail investors and capitalize on "fan economics."


FAQ

1. What makes Trump Media’s ETF unique?

It combines Bitcoin and Ether exposure in a single fund, potentially simplifying diversification for investors.

2. How does this ETF compare to existing options?

It follows a 75/25 BTC/ETH allocation, unlike most single-asset crypto ETFs.

3. When will the ETF launch?

Pending SEC approval, which could take several months.

👉 Stay updated on crypto regulatory developments

4. What risks should investors consider?

Cryptocurrency volatility and intense ETF competition may impact performance.


Note: All hyperlinks except those directing to https://www.okx.com/join/BLOCKSTAR have been removed per guidelines.