Trump Media ETF: Bitcoin & Ether Holdings Confirmed
Trump Media Group is making a bold move,announcing plans for a new exchange-traded fund (ETF) that will invest directly in Bitcoin and Ether.The ETF will allocate a significant 75% of its assets to Bitcoin, wiht the remaining 25% in Ether. This strategic investment follows other recent cryptocurrency ventures announced by the company, signaling their growing role in the crypto market. Shares of Trump Media & Technology Group have seen headwinds this year, though, with a significant drop this year.Crypto.com partnership is also playing a role by offering ETFs.Stay informed with News Directory 3 for more breaking financial stories. Anticipate further details, including a specific launch date and ticker symbol, to follow. Discover what’s next …
Trump Media Plans Bitcoin and Ether Exchange-Traded Fund
Trump Media & Technology Group (DJT) announced plans Monday to launch an exchange-traded fund (ETF) that will invest directly in both Bitcoin and Ether. The company, which operates Truth Social and was founded by former President Donald Trump, said the ETF would allocate 75% of its assets to Bitcoin and 25% to Ether.
The launch of this bitcoin and Ether ETF is projected for later this year.This follows earlier announcements from Trump Media regarding cryptocurrency ventures. Earlier in June, the company revealed intentions for a Bitcoin-only ETF. In late May, they disclosed fundraising efforts aimed at acquiring Bitcoin.
In march, Crypto.com announced a partnership with Trump Media to offer crypto products, including ETFs. This move signals Trump Media’s increasing role in the cryptocurrency market.
Despite these announcements, trump Media & Technology Group shares have faced headwinds. On Monday, shares fell about 4%, closing just under $19. The stock is down more than 40% so far in 2025.Bitcoin recently traded below $109,000, while Ether traded above $2,600.
What’s next
The company is expected to release further details about the ETF launch in the coming months, including the specific date and ticker symbol. Investors will be watching closely to see how this new offering impacts the market for Bitcoin, Ether, and other crypto assets.