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Trump Media applies for Truth Social Crypto Blue Chip ETF

The company has filed to register a new ETF focused on cryptocurrencies with the SEC.

July 8, 2025 at 01:46 PM

After Its Truth Social Bitcoin And Ethereum ETF, Trump Media And Technology Group (DJT) Has Now Applied To Register The Truth Social Crypto Blue Chip ETF

Trump Media and Technology Group is pushing forward with crypto-focused ETFs for revenue.

Trump Media Files For Truth Social Crypto Blue Chip ETF

Trump Media and Technology Group has submitted an application to the SEC to register its Truth Social Crypto Blue Chip ETF. This ETF will invest in a basket of cryptocurrencies, primarily Bitcoin and Ether. The company has already announced earlier ETFs, including one focusing on Bitcoin and another combining Bitcoin and Ethereum. Notably, the firm is banking on the growing popularity of its Truth Social platform to enhance its growth metrics. Monthly active users of Truth Social have reportedly increased significantly, indicating some market traction despite past financial losses. Furthermore, the company approved a $250 million funding plan to develop customized investment products under its Truth.Fi brand, signaling a strategic push into the crypto investment space.

Key Takeaways

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Trump Media's new ETF aims to invest in a mix of cryptocurrencies.

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The company is moving toward revenue diversification through crypto.

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Recent user growth on Truth Social presents a potential revenue opportunity.

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Trump Media has faced significant financial losses despite its investments.

"This ETF will invest in a basket of cryptocurrencies, primarily Bitcoin and Ether."

This quote explains the main focus of the new Trump Media ETF.

"The company generated just $821,000 in revenue during Q1 2025, incurring a loss of $30 million."

This quote highlights the ongoing financial struggles of Trump Media.

"Trump Media's aggressive move into cryptocurrency ETFs underscores its need for revenue diversification."

This statement summarizes the company's strategic pivot towards crypto investments.

Trump Media's aggressive move into cryptocurrency ETFs underscores its need for revenue diversification amid faltering traditional income. While daily active users of Truth Social have climbed, the company still struggles to convert that traffic into profit. The crypto market is highly volatile, presenting both opportunities and significant risks for investors. Additionally, with a backdrop of recent financial losses, the sustainability of this strategy remains in question. As they pivot towards growing sectors, the implications for investor confidence and regulatory scrutiny are worth monitoring closely.