Trump Media & Technology Group, behind the social network Truth Social, has announced plans to launch a cryptocurrency ETF. The project will be implemented in collaboration with Crypto.com and investment firm Yorkville.
The new fund will be called the "America First Digital ETF" and is aimed at American investors who support Web3 and digital sovereignty.
The company noted:
"Our goal is to give Americans access to digital assets that are protected from a regulatory standpoint and built on American values."
It is not yet known which cryptocurrencies will be included in the fund's structure, but Trump Media emphasizes that we are talking about "strategically selected digital assets," including potentially tokens related to Web3 infrastructure.
However, in the context of the active promotion of the crypto topic by Donald Trump and the growing number of crypto initiatives in the United States, the project may receive serious attention.
