en.bitcoinsistemi.com
US President Donald Trump's company Truth Social has filed for a new ETF.
Accordingly, Truth Social has applied for a “Crypto Blue Chip ETF.” The new ETF includes Bitcoin ($BTC), Ethereum ($ETH), $XRP, Solana ($SOL) and Cronos ($CRO).
According to information reported by Bloomberg ETF analyst Eric Balchunas, Truth Social, a social media company founded by the US President, has filed an application with the SEC for a cryptocurrency blue-chip ETF that will include Bitcoin, Ethereum, Solana, $XRP and $CRO.
“A new application has been filed for the Truth Social Crypto Blue Chip ETF, which will be a spot crypto basket that includes Bitcoin, Ethereum, Solana, $XRP, and Cronos.
The allocation of the Foundation's assets to Portfolio Assets (allocation ratio) is initially expected to reach percentages close to 70% $BTC, 15% $ETH, 8% $SOL, 5% $CRO, and 2% $XRP.
Following the news, $CRO experienced the biggest rise.
*This is not investment advice.