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 (DJT) on Monday sought approval from the Securities and Exchange Commission to launch a Truth Social-branded exchange-traded fund backed by Bitcoin (BTC) and Ethereum (ETH).

Trump Media & Technology Group (TMTG) - the company behind the Truth Social platform - has filed a request with the US Securities