📅 February 13 - United States | Far from backing down after regulatory delays, Trump Media and Technology Group (TMTG) is back with two new crypto ETF offerings, reaffirming its commitment to integrating digital assets into the financial ecosystem linked to the Truth Social brand.
📖Both funds, if approved, will offer exposure to staking rewards, a component that still faces increased regulatory scrutiny in the US. The appointed advisor is Yorkville America Equities, while Crypto.com will provide custody, liquidity, and staking services.
Purchases will be channeled through their broker-dealer, Foris Capital US LLC, and each ETF would have a management fee of 0.95%.
The relationship between TMTG and Crypto.com has deepened in recent months. In addition to these ETFs, they collaborate on a prediction market, a CRO treasury, and support for Trump Media's bitcoin reserve.
There is even anticipation of a future non-equity reward token for DJT shareholders, which could operate on the Cronos blockchain.
This is not the first attempt. Last June, TMTG filed its registration for a spot bitcoin ETF, and subsequently announced a range of products under the concept of “American Exceptionalism”, including a “Crypto Blue Chip” ETF with assets such as BTC, ETH, SOL, XRP and CRO.
However, in August, the SEC delayed decisions on several proposals, including those from Truth Social. Although the regulator has expedited some processes, ETFs that include staking or lower-cap altcoins remain more difficult to approve.
Topic Opinion:
TMTG is not only seeking financial exposure but also aiming to position its brand within the new digital investment system. However, its success will depend less on marketing and more on regulatory approval and institutional trust.
💬 Do you think the SEC will approve these new ETFs with staking?
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