Trump Media and Technology Group has filed a registration statement with the SEC to launch an exchange-traded fund (ETF) for Bitcoin and Ethereum. This fund will allocate 75% of its capital to Bitcoin and 25% to Ether, demonstrating the company’s commitment to the cryptocurrency market.

Crypto.com will serve as the custodian and liquidity provider for the ETF. Notably, this move aligns with the Trump family’s interests in cryptocurrency as World Liberty Financial, a venture affiliated with the family, holds a substantial portion of its assets in Ethereum.

If this fund receives approval, it will join a growing list of cryptocurrency ETFs, which currently include those managed by financial giants like BlackRock and Grayscale. As of now, Bitcoin ETFs have amassed over $131 billion in assets.