Truth Social has proposed Crypto Blue Chip ETF would directly hold Bitcoin, Ethereum, Solana, Cronos and XRP, with allocations of approximately 70% to Bitcoin, 15% to Ethereum, 8% to Solana, 5% to Cronos and 2% to XRP
Claim
Quotes that support claims
The proposed vehicle, titled the Truth Social Crypto Blue Chip ETF, aims to provide direct exposure to a basket of leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cronos (CRO).
social-media firm owned by President Donald Trump seeking to launch the “Crypto Blue Chip” fund, with the paperwork marking its third ETF filing. The fund, should it launch, would hold Bitcoin, Ether, Solana, Cronos and XRP directly, though nearly three-quarters of it would be comprised of Bitcoin, the largest token in the market.
The preliminary prospectus said the ETF will allocate 70% of its holdings to BTC, 15% to ETH, 8% to SOL, 5% to CRO and 2% to XRP.
Referenced by
Summary
Crypto news
Data block