Trump Media ETF to Hold Both Bitcoin and Ether, Company Says

From Yahoo Finance: 2025-06-16 16:13:00

Trump Media & Technology, co-founded by President Trump, plans to launch an exchange-traded fund (ETF) that combines Bitcoin and Ether. The ETF will hold a quarter of its assets in Ether and the rest in Bitcoin. The company also previously announced plans to offer a Bitcoin-only ETF and raise money to acquire Bitcoin. Shares of Trump Media & Technology Group fell about 4% on Monday, closing just below $19. Bitcoin was trading below $109,000, while Ether was above $2,600. Crypto.com is set to partner with the company to offer the ETFs.

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