Stock Track | Trump Media & Technology Soars 5.07% Pre-market on Crypto Blue Chip ETF Filing

Stock Track2025-07-08

Trump Media & Technology Group (DJT) saw its shares surge 5.07% in pre-market trading on Tuesday, following the company's announcement of filing a registration statement with the U.S. Securities and Exchange Commission (SEC) for a new Crypto Blue Chip ETF.

The company is seeking SEC approval to launch an exchange-traded fund that will invest in multiple cryptocurrency tokens, including popular digital assets such as Bitcoin, Ethereum, Solana, and Ripple. This move represents a significant step for Trump Media & Technology Group as it expands its footprint in the growing cryptocurrency market.

Investors appear to be reacting positively to this strategic initiative, viewing it as a potential new revenue stream for the company. The strong pre-market movement suggests that market participants are optimistic about the prospects of Trump Media's venture into the cryptocurrency ETF space, which could open up new opportunities for both retail and institutional investors seeking exposure to digital assets through a regulated investment vehicle.

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