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Trump Media, the parent company of Truth Social which is controlled by the Trump family, submitted an S-1 file to American regulators to launch a first-rate crypto ETF (negotiated funds on the stock market).
Development comes only 24 hours after Trump’s media deposit For a Dual Bitcoin and ETF ETF was recognized by the American Securities and Exchange (SEC) commission.
Sol, CRO and XRP included in new ETFs
While the double ETF focuses only on the two main cryptos by market capitalization, the new ETF application, which was laid Yesterday, also includes Solana (floor), Cronos (CRO) and XRP (XRP).
The deposit for the “FNB Truth Social Crypto Blue Chip” said that BTC and ETH will have an allowance of 70% and 15%, respectively. Sol, XRP and CRO will all have allocations to a figure, with 8% at ground, 5% at CRO and 2% in XRP.
Trump’s social files of truth for the index -based crypto ETF …
Would initially contain around 70% BTC, 15% ETH, 8% soil, 5% CRO and 2% XRP.
Again, think we will see a massive wave of ETF deposits of the crypto index. pic.twitter.com/eyf1srja5l
– Nate Geraci (@nategeraci) July 8, 2025
Coinmarketcap data shows that XRP is currently the third largest crypto by market capitalization, while Sol is classified sixth. Meanwhile, CRO is lower on the list at number 34, with its capitalization located at around 2.88 billion dollars.
CRO’s inclusion in ETF application, despite its lower classification compared to other cryptos, could be due to the crypto.com partnership With Trump Media to launch a series of ETF “Made in America”.
Sol, XRP and CRO all the printed gains in the last 24 hours, Cro leading with a pump of 14%.
The FNB Trump Media Blue Chip will not be subject to CFTC rules
If it is approved, the FNB Truth Social Crypto Blue Chip Erapera on Nyse Arca, similar to the double ETF proposed by the company.
The file has also indicated that the FNB will not work as a registered investment company and will not be subject to the rules of Commodity Futures Trading Commission (CFTC) as a pool of raw materials.
The Crypto Blue Chip Fund proposed will publish and re-evaluate the shares through brokers authorized in 10,000 pieces. In doing so, it is easier for the price of the ETF to stay close to the value of underlying digital assets.
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