|

Trump Media and Crypto.com team up to launch Bitcoin, Cronos ETFs

  • Trump Media inks agreement with Crypto.com and Yorkville to launch digital asset ETFs, including Bitcoin and Cronos.
  • ETFs will be distributed globally under TMTG’s fintech platform Truth.Fi, pending regulatory approval.
  • Crypto.com aims to file for a Cronos spot ETF in Q4 as part of its 2025 roadmap.

Trump Media and Crypto.com have announced a collaboration to launch Bitcoin and Cronos ETFs under Truth.Fi. 

Trump Media expands into fintech through ETF launch

Trump Media & Technology Group (TMTG), operator of Truth Social, has formalized a partnership with Crypto.com and Yorkville America Digital to launch a series of exchange-traded funds (ETFs) focused on digital assets.

Initial products will track Bitcoin (BTC) and Cronos (CRO), and will be distributed through Foris Capital US LLC, Crypto.com’s registered broker-dealer. 

The initiative will be managed under Truth.Fi, TMTG’s fintech platform launched in January 2025. At launch, TMTG committed up to $250 million for deployment into ETFs and separately managed accounts (SMAs). Charles Schwab has been named as custodian of the funds.

Trump Media Group’s latest updates, April 2025 | tmtgcorp.com

Trump Media Group’s latest updates, April 2025 | tmtgcorp.com

The agreement follows a non-binding announcement made in March. Alongside the ETFs, Trump Media is planning to introduce Truth.Fi-branded SMAs, though no further information was released.

The products will go live globally following regulatory approval, with rollout planned across U.S., European, and Asian markets.

Crypto.com outlines 2025 roadmap with ETF and stablecoin plans

Crypto.com will play a key role in distributing Trump Media’s ETFs internationally. CEO Kris Marszalek described the partnership as aligning with the platform’s broader strategy to integrate traditional and digital finance channels.

As part of its 2025 roadmap, Crypto.com plans to submit a filing for a Cronos (CRO) spot ETF in the fourth quarter.

Additionally, a platform-native stablecoin is scheduled for launch in Q3 2025. While few specifics have been disclosed, the stablecoin is intended to support cross-border transactions, platform liquidity, and decentralized finance (DeFi) integration.

Yorkville America Digital CEO Troy Rillo confirmed the ETF collaboration as a strategic development aimed at aligning new financial products with domestic market interests.

Author

Ibrahim Ajibade

Ibrahim Ajibade is an accomplished Crypto markets Reporter who began his career in commercial banking. He holds a BSc, Economics, from University of Ibadan.

More from Ibrahim Ajibade
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades. 

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.