Trump Media’s Bitcoin and Ethereum ETF Moves Forward as SEC Begins Review

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The SEC has taken the first step toward approving a new Bitcoin and Ethereum ETF from Trump Media, filing paperwork that could bring another major crypto investment vehicle to market.

The proposed ETF would allocate 75% to Bitcoin and 25% to Ether, with shares trading on NYSE Arca. Crypto.com’s Foris DAX Trust will safeguard the assets, while Yorkville America Digital oversees the fund.

This filing joins a wave of crypto ETF applications as regulators explore ways to fast-track approvals. Truth Social’s ETF will use the CME CF Bitcoin and Ether reference rates for daily valuation—though the sponsor retains discretion over Ether pricing.