Trump Media & Technology Group (TMTG), the company behind Truth Social, is ramping up its entry into the crypto investment world.
On Tuesday, NYSE Arca submitted a fresh filing to the U.S. Securities and Exchange Commission (SEC) to list a new Bitcoin and Ethereum ETF tied to the platform.
If approved, the fund would allocate 75% to Bitcoin and 25% to Ethereum — marking a shift from TMTG’s earlier Bitcoin-only proposal filed in early June. The move comes as the company doubles down on regulated crypto investment products, with growing political backing.
Crypto.com has been tapped to provide key infrastructure for the ETF, including custody, execution, and liquidity services. The effort is backed by a partnership with Yorkville America.
According to the filing, NYSE Arca is seeking a rule change under the SEC’s 19b-4 process, which governs the introduction of new financial products. While the submission is a milestone, approval is not yet certain.
TMTG’s broader crypto ambitions include plans for additional funds under the “America First” banner, but so far only two filings — the original Bitcoin ETF and the new BTC/ETH hybrid fund — have been officially submitted to regulators.
Trump’s recent pivot to supporting digital assets has helped shift the political climate in favor of crypto, potentially easing the path for ETF approvals. His public remarks on financial freedom and blockchain innovation have made headlines, underscoring a dramatic change from his earlier skepticism.
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