XRP is in the top 5 crypto choices of Trump’s inner circle, here are the details!

Jakarta, Pintu News – Trump Media & Technology Group (TMTG) recently filed S-1 documents with the US Securities and Exchange Commission (SEC) to gain approval for its “Truth Social Crypto Blue Chip ETF”. This ETF will include some of the leading cryptos such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO), and Ripple (XRP). With Yorkville America Digital as the sponsor, the ETF is planned to be traded on NYSE Arca, with Foris DAX Trust as the digital asset custodian.

Analysis of Asset Allocation and its Impact

Eric Balchunas, an analyst from Bloomberg, highlighted the asset allocation in an ETF that includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO). This allocation could be considered an indirect ranking of the top five crypto assets in the view of Trump’s core team. With the partnership between Crypto.com and Yorkville in favor of Cronos, as well as the withdrawal of a cross-appeal by Ripple Labs against the SEC in favor of Ripple (XRP), these two assets show significant growth potential.

Also Read: Ethereum Transformation Secrets – How Big of an Impact on Cryptocurrency Prices?

The Role and Potential of Ripple (XRP) in ETFs

Ripple (XRP), despite only getting a two percent allocation, is showing renewed legitimacy and strong institutional infrastructure. The announcement from Ripple Labs about withdrawing their appeal against the SEC has given a positive boost to Ripple (XRP), which is now trading at $2.33. The presence of Ripple (XRP) in this ETF not only reaffirms market confidence, but also its potential for wider adoption in the future.

Jake Simmons’ Vision and Mission in Crypto Journalism

Jake Simmons, a dedicated crypto journalist, has been involved in the world of Bitcoin (BTC) since 2016. Through his work, Simmons strives to make the world of Bitcoin and crypto accessible to everyone. With a professional background in Bitcoin and crypto, Simmons provides valuable insights for both beginners and seasoned enthusiasts. He believes in the transformational potential of Bitcoin and supports a financial system that prioritizes transparency and fairness.

Closing: Conclusions and Expectations for ETFs

With the launch of the “Truth Social Crypto Blue Chip” ETF, there will hopefully be more adoption and recognition of crypto assets as a legitimate investment alternative. Not only does this ETF mark a major step for Trump Media in the crypto space, but it also has the potential to change the way the market views crypto in general. Investors and market watchers will be looking forward to further developments and the impact they will have on the dynamics of the crypto market.

Also Read: Here are the Shocking Facts Behind Altcoins: Can it really be more profitable than Bitcoin?

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Reference

• NewsBTC. XRP Makes Trump Unspoken Crypto Top 5. Accessed on July 10, 2025