Trump Media and Technology Group is taking another leap into the digital asset world, filing for a spot exchange-traded fund that would invest directly in both bitcoin and ether.

The move expands on a previous filing for a standalone bitcoin ETF and aligns with broader crypto activities tied to the Trump family.

According to a registration submitted Monday to the Securities and Exchange Commission, the ETF would allocate 75% of its holdings to bitcoin and 25% to ether.

Crypto.com to Offer Custody

Crypto.com, based in Singapore, will reportedly serve as both the custodian and liquidity provider for the proposed fund. The filing comes less than two weeks after Trump Media registered a separate bitcoin-only ETF.

This new dual crypto fund brings ether into the mix, a decision that may not come as a surprise given the Trump family's existing exposure to Ethereum-based assets.

Data from Arkham, as reported by Coindesk, shows that World Liberty Financial, a decentralized finance (DeFi) project backed by the family, holds 96% of its assets on the Ethereum blockchain.

Joining Crypto Exchange ETFs

The proposed Truth Social ETF would join an increasingly crowded field of crypto exchange-traded funds if approved. Existing players like BlackRock, Fidelity, Grayscale, and Franklin Templeton already manage over $131 billion in bitcoin ETFs alone.

While most of these funds focus on bitcoin exclusively, the inclusion of ether by DJT could offer a broader exposure option for investors looking to diversify within the digital asset sector.

The move also reflects the growing mainstream adoption of digital assets through regulated investment vehicles. With major institutional players already in the market, the Trump-backed ETF signals that interest in crypto exposure spans across political and ideological lines.

Still, the proposal faces the same regulatory scrutiny that has slowed approval processes in the past. The SEC has only recently started to approve spot bitcoin ETFs, and filings that include ether remain under close watch.

Expect ongoing updates as this story evolves.

Source: Finance Magnates