Highlights
- Trump Media & Technology Group has filed for a Blue-Chip Crypto ETF focusing on top cryptos.
- The ETF focuses on Bitcoin, Ethereum, Solana, and other cryptocurrencies.
- Trump’s ETF misses on meme coins to boost SEC’s approval odds and align with Blue-Chip philosophy.
The crypto push has become the US President’s major motto this year, as his co-founded Trump Media & Technology Group (TMTG) filed for a Blue Chip Crypto ETF. This would feature a full-fledged crypto-focused fund and include various trending and in-demand coins. However, meme coins remain excluded from this crypto ETF, including the Official Trump token and others.
Truth Social Blue Chip Crypto ETF Focuses on Top Tokens
After filing for the dual Bitcoin and Ethereum ETF, the Trump Social has filed for a Blue Chip crypto ETF. Notably, the crypto fund will be composed of Bitcoin (70%), Ethereum (15%), Solana (8%), Cronos (5%), and XRP (2%). With the focus on the top cryptocurrencies, meme coins were left stranded despite the President and the POTUS launching their own meme-themed cryptos in early 2025.
If approved, Trump’s new ETF will be listed on the NYSE Arca, with Crypto.com as the custodian and execution agent. Notably, this is their third filing with the SEC and is in execution considering TMTG’s initiative to establish a $2.3 billion Bitcoin treasury plan.
More importantly, it aims to capitalize on the growing demand and hype for exchange-traded funds in the current market.
Why Trump’s Blue Chip Crypto ETF Missed Meme Coins?
Although the firm has not made any official statement to clarify this decision, experts believe meme coins’ volatility has led to this markup.
Meme-themed cryptocurrencies are highly speculative and bear high volatility. Their performance highly depends on the market trends, making them unattractive to regulators and institutional investors.
Besides, they often lack liquidity and security protocols, making them high-risk assets. In contrast, the assets selected for Trump’s Blue Chip Crypto ETF are considered low risk and have better custodial infrastructure.
Not only do they provide a clear compliance pathway, but investors also find them attractive and secure investments. The label ‘Crypto Blue Chip’ itself implies that the included tokens are mature and resilient. Introduction of a meme cryptocurrency could have diluted the brand identity.
Overall, the exclusion of these cryptos was allegedly made to align with the blue-chip philosophy. Additionally, increase the SEC’s approval odds.
Frequently Asked Questions (FAQs)
1. What cryptocurrencies are included in Trump’s Crypto ETF?
2. Where will the ETF be listed and when?
3. Why are meme coins left behind?
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