Trump Media & Technology Group’s forthcoming “Made in America”-themed ETFs, launched via its Truth.Fi platform in partnership with Crypto.com, are set to blend traditional protectionist economic ideals with a forward-looking embrace of cryptocurrencies. While Bitcoin (BTC) and Cronos (CRO) are already confirmed as foundational assets, the broader composition of these ETFs remains a subject of considerable speculation. Drawing on recent policy directions, regulatory priorities, and the administration’s America First branding, it’s possible to outline which cryptocurrencies are most likely to be included.
Bitcoin, as the world’s preeminent cryptocurrency, is a natural anchor for any crypto ETF, symbolizing both decentralized finance and American innovation. Cronos (CRO), the native token of Crypto.com, is included owing to the direct partnership and integration benefits it offers for trading and custody infrastructure. Beyond these confirmed assets, several high-profile coins are strong contenders for inclusion. Ripple’s XRP is a leading candidate, given that Ripple Labs is based in San Francisco and the token was explicitly named in Trump’s “Crypto Strategic Reserve” executive order. XRP’s role as a bridge between traditional finance and blockchain technology fits well with the ETF’s likely goals.
Solana (SOL) is another likely addition. Although Solana has global origins, its developer base and investor community are heavily U.S.-centric, and its high-speed blockchain infrastructure aligns with Trump’s emphasis on technological leadership. Cardano (ADA), founded by American Charles Hoskinson, is also a strong possibility, especially since it was directly referenced in Trump’s strategic reserve directive and is known for its regulatory compliance and research-driven approach. Ethereum (ETH), with its vast U.S. developer presence and central role in enterprise blockchain solutions, is another logical inclusion, as is Dogecoin (DOGE). While Dogecoin hasn’t been officially mentioned in policy, its origins as a U.S. meme coin and its popularity among American retail investors could appeal to the ETF’s populist ethos.
Beyond these headline assets, a secondary tier of U.S.-centric tokens could round out the ETF’s portfolio. USD Coin (USDC), issued by Boston-based Circle in partnership with Coinbase, is a transparent, dollar-pegged stablecoin that fits perfectly with a patriotic investment theme. Avalanche (AVAX), developed by New York’s Ava Labs, offers scalable blockchain technology and strong enterprise partnerships. Chainlink (LINK), whose parent company is U.S.-based, provides critical decentralized oracle infrastructure for DeFi and institutional blockchain adoption. Hedera (HBAR), headquartered in Texas and governed by a council including major U.S. corporations, is another likely candidate, as is Arbitrum (ARB), a leading Ethereum Layer 2 solution developed by New York’s Offchain Labs.
Other possible inclusions are Stellar (XLM), operated by the San Francisco-based Stellar Development Foundation and focused on cross-border payments; Algorand (ALGO), founded by MIT professor Silvio Micali and based in Boston, known for its carbon-neutral blockchain; Helium (HNT), an Austin-based decentralized wireless network supporting IoT infrastructure; and Uniswap (UNI), the largest decentralized exchange, developed by a New York-based team and actively engaged in U.S. regulatory discussions.
On the other hand, cryptocurrencies with significant foreign ties or opaque governance, such as TRON (TRX), associated with China, or privacy coins like Monero and Zcash, are likely to be excluded due to regulatory and policy concerns. In sum, Trump’s ETFs are expected to prioritize cryptocurrencies with strong U.S. operational roots, regulatory engagement, and alignment with strategic sectors like payments, infrastructure, and DeFi. While BTC and CRO will anchor the fund, assets like XRP, SOL, ADA, and ETH are strong contenders, with secondary tokens such as USDC, AVAX, and LINK further diversifying the portfolio. These ETFs will not only serve as innovative financial products but also as a statement of economic nationalism, reflecting Trump’s protectionist legacy in the digital asset era.
