Trump Media ETF to Hold Both Bitcoin and Ether, Company Says
An exchange-traded fund planned by Trump Media & Technology Group (DJT) will combine Bitcoin and Ether in a single tradable asset, the company said Monday.
The Truth Social parent company, founded by President Donald Trump, earlier today said it intended to launch an ETF that would directly hold both Ether and Bitcoin, with a quarter of its assets in the former and the rest in the latter. The launch is planned for "later this year," the company said.
The company earlier this month said it planned to offer a Bitcoin-only ETF, and in late May said it was raising money to acquire Bitcoin.
Trump Media earlier this year announced plans to offer crypto products. Crypto.com in March said it would partner with the company to offer the ETFs.
Shares of Trump Media & Technology Group lost about 4% Monday to close just under $19, bringing their pullback to more than 40% in 2025. Bitcoin was recently trading a bit below $109,000, while Ether was changing hands above $2,600.
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