Quick Takeaways
- Trump Media filed two new crypto ETF proposals after earlier SEC delays.
- The firm seeks to launch a Bitcoin and Ethereum ETF and a Cronos yield fund.
- Crypto.com will provide custody, liquidity, and staking services.
Trump Media & Technology Group has lodged two young crypto ETF propositions that conform to regulatory time lag. The relocation signals regenerated momentum despite other setbacks from the U. S. Securities and Exchange Commission.
The company looks for commendation for a Bitcoin and Ethereum interchange-trade monetary fund. It also plans to launch a Truth Social Cronos Yield Maximizer ETF.
The filings come months after the SEC postponed decisions on several Trump Media crypto products. Last August, regulators delayed reviewing multiple applications tied to the firm.
Trump Media trades under the ticker DJT on Nasdaq and the NYSE Texas. The company oversees the Truth Social platform and other Trump-branded ventures.
This renewed filing suggests the firm remains committed to expanding into digital asset investment products.
Bitcoin and Ethereum ETF Proposal Returns to the SEC
The New proposal again targets a combined Bitcoin and Ethereum ETF. The investment company aims to allow investors to invest in the two tumid cryptocurrencies.
Both assets dominate institutional inflow in the current market cycle. Berth Bitcoin ETFs have already gained regulatory traction in the U. S.
However, Ethereum-based investment trusts and staking-enable ETF still face stricter examination. Only a handful of venture-linked investment trusts have gotten approval.
Trump Media first signaled its crypto ambitions last June. It filed a registration affirmation for a spot Bitcoin ETF at that time.
The company partners with Crypto. com andAsset Director, Yorkville America Equities. Yorkville will act as advisor on the new funds.
If sanctioned both exchange traded funds would run a 0. 95% management fee. Crypto. Com’s agent-bargainer, Foris Capital US LLC, would conduct purchases.
The reincarnate filing reflects self-confidence that regulatory conditions may improve.
Cronos Yield ETF Highlights Crypto.com Partnership
The second proposal introduces the Truth Social Cronos Yield Maximizer ETF. The fund would track CRO, the native token of the Cronos blockchain.
Cronos was developed by Crypto.com and remains central to its ecosystem. The ETF would also offer access to network staking rewards.
Crypto.com will provide digital asset custody and liquidity services. The exchange will also support staking operations for the funds.
Crypto.com CEO Kris Marszalek welcomed the collaboration. He said the ETFs present a strong value proposition for traders.
Trump Media has deepened its relationship with Crypto.com in recent months. The companies have collaborated on a prediction market and a CRO treasury initiative.
Crypto.com and Anchorage Digital also support Trump Media’s Bitcoin treasury. That treasury strategy mirrors similar corporate crypto holdings.
The Cronos-focused ETF stands out because smaller-cap altcoin funds often face regulatory hurdles. SEC approvals typically favor large-cap digital assets.
Regulatory Uncertainty Still Clouds Approval Timeline
Although the SEC has accelerated certain crypto ETF approvals, uncertainty remains. Staking-enabled funds continue to face extra regulatory scrutiny.
Funds tracking smaller tokens like CRO may encounter additional review. Regulators have historically exercised caution with altcoin exposure.
The SEC delayed Trump Media’s earlier proposals in August. That delay followed broader agency reviews of crypto ETF structures.
Despite these hurdles, Trump Media appears undeterred. The firm continues refining its filings and expanding partnerships.
Meanwhile, Trump Media announced a separate token distribution tied to DJT shareholders. Brokerages must submit shareholder information before the deadline.
The company has also explored issuing a non-equity rewards token. That token may utilize the Cronos blockchain infrastructure.
Former Congressman Devin Nunes leads Trump Media as CEO. He left Congress in 2021 to head the company.
In December, Trump Media revealed plans for an all-stock merger with fusion power firm TAE Technologies. That diversification strategy extends beyond crypto.
Still, digital assets remain central to the company’s growth narrative.
What does this signify for the Crypto ETF Market?
Trump Media’s renewed filings highlight the burning need for crypto-yoke investing vehicles. Institutional appetite for baffle vulnerability remains strong.
Bitcoin and Ethereum mathematical products continue to cast anchor for TF invention. Still, yield-engender and altcoin-focused funds play the next frontier.
If approved, these exchange traded fund would expose accession to stakeholder reinforcement within traditional markets. That feature film could attract yield-try investors.
However, regulatory risk remains high. Approval timelines may stretch as the SEC reviews geomorphological details.
Market participants will likely see the SEC’s response. The agency’s determination could regulate the next form of crypto ETF expansion.
For today, Trump Media has doubled down on its crypto strategy. The resultant depends on whether the regulator aligns with its vision.