According to the filing:
“The Trust is a passive investment vehicle that does not seek to generate returns beyond tracking the prices of bitcoin and ether and, to the extent the Trust engages in Staking (as defined herein), rewards earned from its staked ether.”
The proposed ETF will allocate 75% of its portfolio to Bitcoin and 25% to Ethereum.
This move represents a significant step in TMTG’s efforts to pivot from a social media-centric platform to a broader fintech player.
These developments signal TMTG’s growing commitment to digital assets. By partnering with key industry players and entering the ETF market, the company aims to capitalize on rising crypto adoption and offer regulated exposure to major digital assets.
