TLDR Crypto · MARKETS & BUSINESS
TRUMP'S TRUTH SOCIAL FILES FOR DUAL BITCOIN AND ETHER ETF
Summary from the TLDR Crypto newsletter
Trump Media and Technology Group filed an S-1 with the SEC to launch a spot Bitcoin and Ether ETF, allocating 75% to Bitcoin and 25% to Ether, with Crypto.com appointed as custodian and liquidity provider. It follows the company's recent standalone registration for a Bitcoin ETF and mirrors the Trump family's Ethereum-focused holdings at World Liberty Financial. If approved, the fund would join a roster of major crypto ETFs, with Bitcoin alone having amassed over $131 billion in assets under management.