Key Takeaways:
- Trump Media & Crypto.com plan to launch ETFs combining digital assets and traditional securities, pending U.S. regulatory approval.
- The ETFs will focus on American-made financial products and include major tokens like BTC, ETH, SOL, XRP, and CRO.
- Truth.Fi will also roll out Separately Managed Accounts funded by TMTG’s cash reserves, amid political scrutiny of Trump’s crypto ventures.
Trump Media & Technology Group (TMTG), the parent company of Truth Social and Truth.Fi, has announced a partnership with Crypto.com to develop a series of exchange-traded funds (ETFs) in the United States.
The non-binding agreement, revealed on March 24, outlines plans to launch the ETFs later in 2025, pending regulatory approval.
Another significant milestone in our 2025 Roadmap – excited to be the exclusive partner of @realDonaldTrump’s Truth Social in launching three #ETFs, including the first of its kind ETF basket and featuring $CRO https://t.co/xOlmU0S2CT
— Kris | Crypto.com (@kris) March 24, 2025
The ETFs will combine digital assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cronos (CRO) with traditional securities, focusing on American-made financial products.
Crypto.com’s U.S. arm, Foris Capital US LLC, will handle execution, infrastructure, and custody services.
Once launched, the ETFs will be globally accessible through various brokerage platforms and to Crypto.com’s 140 million users.
In addition, TMTG’s Truth.Fi is preparing to launch Separately Managed Accounts (SMAs), supported using the company’s own cash reserves.
JUST IN: 🇺🇸 Trump Media to partner with Crypto . com to launch ETFs 👀 pic.twitter.com/leSTzAclUn
— Bitcoin Magazine (@BitcoinMagazine) March 24, 2025
This move signals a significant expansion of Trump-linked ventures into the crypto finance sector.
However, the announcement has sparked controversy among Democratic lawmakers, who raised ethical concerns about potential conflicts of interest, especially given Trump’s political position.
Criticism has intensified due to past crypto efforts like the TRUMP memecoin, with opponents arguing these ventures are exploitative and damaging to the industry’s credibility.