Trump Media & Technology Group is seeking to launch an exchange-traded fund that will invest in both bitcoin and ethereum, the two largest cryptocurrencies, according to a filing with the U.S. Securities and Exchange Commission on Monday.

Trump Media and Technology Group (NASDAQ:DJT)  filed a registration statement for a Bitcoin and Ethereum ETF with the U.S. Securities and Exchange Commission, the company said on Monday. The Truth Social Bitcoin and Ethereum ETF,

Trump Media & Technology Group (TMTG), the parent company of Truth Social, has filed a new proposal to launch a cryptocurrency exchange-traded fund (ETF) that includes both Bitcoin and Ethereum. According to a recent filing with the US Securities and Exchange Commission (SEC), the new ETF would be made up of 75% Bitcoin and 25% Ethereum.