Trump Media & Technology Group (TMTG) has filed to launch a Blue-Chip Crypto ETF, a fully crypto-focused fund encompassing various top digital assets, excluding meme coins. The US President, Donald Trump, is putting a stronger foot in the crypto industry after launching TMTG, NFTs, meme-themed cryptos, and more. However, the negligence of the Official Trump token and other meme-themed cryptos has left investors in doubt.
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 (5%), 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)
The ETF portfolio will include Bitcoin (70%), Ethereum (15%), Solana (5%), Cronos (5%), and XRP (2%).
Once the SEC approves the ETF, it will be listed on the NYSE Arca.
The Trump team has not revealed the reasons behind this decision, but experts believe it is due to high challenges with meme coins.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section.
Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights.
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