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Is Trump Media Good for Crypto After All? Files for Bitcoin, Ether, and Cronos ETFs

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Is Trump Media Good for Crypto After All? Files for Bitcoin, Ether, and Cronos ETFs

Trump Media is stepping deeper into crypto, and this time it is not subtle.

The company just filed with the SEC to launch two new crypto linked ETFs tied to Bitcoin, Ether, and even Cronos.

This is not just about tracking price either. The plan targets active traders who want exposure plus potential yield through staking rewards. It is an expansion of the so called America First strategy straight into digital assets.

  • TMTG filed for a blended Bitcoin/Ether fund and a specialized Cronos Yield Maximizer ETF.
  • Both funds propose a 0.95% management fee, with Crypto.com providing custody and liquidity services.
  • The move defies current trends, as Bitcoin ETFs recently saw heavy outflows totaling over $360 million.

Truth Social Expands Crypto ETFs Footprint Amid Desperate Market

The new ETFs would be managed by Yorkville America Equities and offered through Foris Capital. More interesting though is the deeper link with Crypto.com.

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Back in September, they teamed up to build a treasury vehicle focused on accumulating CRO. So this is not random.

The timing is intersting. U.S. spot Bitcoin ETFs have seen four straight weeks of outflows. That tells you institutions are cautious right now.

Big asset managers are not leaving the space. Some are still quietly increasing exposure, treating this dip as a longer term opportunity. Trump Media seems to be doing exactly that.

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Staking Rewards and The Cronos Surprise

These are not basic spot ETFs. The structure is built for yield. The Truth Social Bitcoin and Ether ETF would hold roughly 60% BTC and 40% ETH, with a clear plan to stake the ETH portion and generate rewards.

Then there is the Cronos Yield Maximizer ETF. Pretty sound name if you ask me. It is designed to track CRO while also earning income through staking on the Cronos network.

That puts a direct spotlight on Crypto.com ecosystem exposure, not just Bitcoin and Ethereum.

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Source: United States Securities and Exchange Commission

With a projected 0.95% management fee, these funds are positioning themselves as more active, premium vehicles rather than low cost, passive spot trackers.

The post Is Trump Media Good for Crypto After All? Files for Bitcoin, Ether, and Cronos ETFs appeared first on Cryptonews.

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Crypto World

Alabama Passes DUNA Act Granting DAOs Legal Status

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Law, DAO

The US state of Alabama has become the second US jurisdiction after Wyoming to grant decentralized autonomous organizations (DAOs) legal status under the DUNA Act.

The Decentralized Unincorporated Nonprofit Association (DUNA) Act (Senate Bill 277) was introduced in February by Republican Senator Lance Bell. The House passed it 82-7 with 16 abstentions on March 17, and has now been signed by Alabama Governor Kay Ivey, according to a16z Crypto.

Speaking about the bill’s passage, a16z Crypto’s head of policy and general counsel, Miles Jennings, said on Wednesday that “decentralized governance is essential to crypto’s future — it’s one of the core constructs in market structure legislation.”

The bill provides legal status and limited liability protections to DAOs, solving a long-unresolved question in crypto: How DAOs exist from a legal standpoint in the real world. 

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It gives decentralized communities “the certainty to build, govern, contract, and scale in the real world,” added Jennings. 

Full legal entity status for DAOs

To qualify, a DAO must have at least 100 members joined for a common nonprofit purpose, such as governing a blockchain network or smart contract system.

Governance can operate entirely through blockchain technology and smart contracts, and voting, proposals and consensus mechanisms can all be stored onchain.

These organizations will have full legal entity status, they can own property, sue and be sued, and enter into contracts, while individual members and administrators will be shielded from personal liability. 

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Related: Aave DAO backs V4 mainnet plan in near-unanimous vote

“As federal crypto market structure legislation moves closer to becoming law, builders need effective domestic legal structures,” added Jennings. 

West Virginia DUNA Act awaits approval 

A similar DUNA bill (HB 5060), introduced by Representative Tristan Leavitt in February, passed the House on March 4 and is awaiting the governor’s signature in West Virginia. 

Wyoming’s DUNA Act was signed into law by Governor Mark Gordon in March 2024. The state approved the first legally recognized DAO in the United States in July 2021. 

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Over 13,000 DAOs exist worldwide with collective treasury assets under DAO control surpassing $24.5 billion as of 2025, according to CoinLaw. The average DAO treasury size is around $1.2 million, and Ethereum and its layer-2 networks host over 85% of DAOs, reported PatentPC in March.

Law, DAO
DAO treasury composition. Source: CoinLaw

Magazine: Your guide to surviving this mini-crypto winter