Files Social Files for Blue-Chip Crypto ETF including BTC, ETH, XRP and Sol star-news.press/wp
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The Trump Group of Media and Technology (TMTG), the parent company of social reality, presented a S-1 registration statement with the American Securities and Stock Exchange Committee of the CHIP Crypto Fund (ETF).
The proposed investment fund will be held in the first place Bitcoin (BTC)and ETHEREUM (ETH)and Solana (Sol)and XRPAnd Cronus (CRO)The original symbol of Cronos Blockchain, which is associated with the exchange of Crypto.com.
The Supreme Education Council approved the deposit, which means that it is now reviewing, According to To present July 8 seconds.
ETF portfolio will maintain a composition 70 % Bitcoinand 15 % ethereumand 8 % Solanaand 5 % ChronusAnd 2 % xrp Depending on the value.
Upon approval, ETF will be inserted and traded in NYSE Arca, although the box index code is still unknown.
The proposed ETF is expected to work as a negative investment car, and track market prices in basic cryptocurrencies without using a financial lever, derivatives or speculative trading strategies.
The box will also participate in Staking for Assets such as Ethereum, Solana and Cronos, allowing it to generate rewards.
The social fact that was previously presented to obtain the investment funds circulated in Bitcoin in June, followed by the introduction of Bitcoin and Ethereum Combination ETF.
Like these registration data, Yorkville America Digital “Truth Crypto Blue Chip ETF” sponsors, while Foris Dax Trust Companyi will work as a guardian of digital assets, according to the deposit.
In addition, Crypto.com will act as the exclusive Bitcoin eTf, the main implementation agent, and the liquidity provider.
Previous reports referred to the TMTG partnership with Crypto.com, based in Singapore, to launch the “Made-in-Mamerica” investment funds.
The media platform has signed an unnecessary agreement to provide a series of products circulating on the Stock Exchange (ETFS) (ETFS) at the CRONOS Blockchain.
It seems that the CRO inauguration in the investment ETFS confirms the participation of Crypto.com in the project.
It is worth noting that the news of the last deposit had a greater impact on CRO more than other cryptocurrency coins.
The assets increased by more than 20 % to a monthly increase of $ 0.09886, while Bitcoin, ETHEREUM, XRP and Solana witnessed only between 1.08 % and 3.6 % during the same period.
The broader digital asset strategy for TMTG amid President Trump’s growing wealth
SEC’s potential approval follows the assertion of the TRUTH Social parent company for its digital asset strategy, which includes the Bitcoin Treasury Plan.
On May 30, the company announced that it had raised $ 2.44 billion through a special place that included approximately 50 institutional investors.
The financing round included 55.9 million shares at $ 25.72 and 1 billion dollars in zero -code transfer notes, with the revenue for bitcoin and general operations.
May 27 advertisement, TMTG and CEO Divin Nunes Bitcoin described as a “financial freedom summit tool”, noting that she will become an essential component at the company’s asset base.
On the same day, Arkham’s intelligence Posted on X: “Donald Trump, Trump Media, will buy $ 2.5 billion from Bitcoin. Is Trump about to go to Silor?” , Referring to the CEO of Microstrategy and its aggressive strategy.
Moreover, President Trump appears to benefit greatly from these encrypted currency projects.
A July 2 report revealed that Trump and his family have received more than $ 620 million of recent encrypted currency projects, as Trump’s exclusive possessions now include about 9 % of his estimated wealth of $ 6 billion in June.
Beyond the truth, social affiliate projects, the majority of this wealth is linked to his family -backed company, and World Liberty Financial, and its release Mimi personal currency, Trump.
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2025-07-09 04:26:00
