Trump Media Seeks Approval for New Crypto ETFs After SEC Setback

Following delays by the SEC, Trump Media and Technology Group proposes new ETFs focused on Crypto.com’s Cronos token and BTC.

Trump Media and Technology Group is making strides to introduce a new fund aimed at tracking the native token of Crypto.com’s Cronos network, alongside a Bitcoin exchange-traded fund (ETF). This move comes in light of recent delays from the Securities and Exchange Commission (SEC), which has affected various cryptocurrency-related initiatives.

The proposed ETFs aim to cater to the growing interest in cryptocurrency investments, particularly in relation to the established Cronos network and Bitcoin. These developments underline Trump Media's commitment to venture into the digital asset space despite regulatory hurdles.