In a bold move that signals deeper entry into the crypto sector, Truth Social—the media platform under Trump Media & Technology Group—has filed an official registration with the U.S. Securities and Exchange Commission (SEC) to launch a “Crypto Blue Chip” ETF.
A Diversified Crypto ETF Targeting Leading Assets
According to the preliminary filing, the ETF will focus on major digital assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cronos (CRO). The planned initial allocation will be approximately:
- 70% Bitcoin
- 15% Ethereum
- 8% Solana
- 5% Cronos
- 2% XRP
This structure aims to create a balanced exposure to the most established and liquid cryptocurrencies, while also embracing rising assets like Cronos.
Custody and Exchange Plans
The ETF, named “Truth Social Crypto Blue Chip ETF”, will be sponsored by Yorkville America Digital, with Foris DAX Trust Company acting as the custodian for its digital assets. If approved, shares will be listed on the New York Stock Exchange Arca, allowing retail and institutional investors to gain exposure to crypto markets without direct token ownership.
Strategic Partnerships and Prior Filings
This isn’t the first crypto-related filing from Truth Social. In recent months, the platform has also submitted applications for both a spot Bitcoin ETF and a Bitcoin-Ethereum combination ETF, signaling sustained commitment to blockchain-based financial products.
Earlier this year, Truth Social partnered with Crypto.com and Yorkville America Digital to develop a lineup of “Made in America” crypto ETFs, part of a broader push to capitalize on the pro-crypto momentum under the Trump administration.
Broader Industry Implications
This move follows a growing trend among major asset managers—Grayscale, Bitwise, Franklin Templeton, and REX Shares—who are also pursuing ETF approvals focused on other top cryptocurrencies like Dogecoin, Cardano, Avalanche, and Litecoin.
The regulatory environment in the U.S. has shifted, with the new administration showing greater openness toward cryptocurrency innovation and retail access. If approved, the Truth Social ETF could accelerate mainstream crypto adoption by bringing regulated exposure to blockchain assets via traditional stock exchanges.
Outlook
By introducing a diversified crypto ETF, Truth Social is not just entering the digital finance arena—it’s attempting to reshape how everyday investors gain exposure to blue-chip crypto assets through compliant, exchange-listed vehicles.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.