- Trump’s Truth Social has officially filed paperwork with the U.S. SEC to launch a new exchange-traded fund focused on top-tier digital assets.
- The U.S. Securities and Exchange Commission has officially acknowledged Trump Media’s application for a BTC and ETH ETF.
Truth Social, the social media platform owned by Trump Media & Technology Group (TMTG) and backed by U.S. President Donald Trump, is making another step into the crypto space. On July 8, 2025, the company filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) to launch a new investment product: the Truth Social Crypto Blue Chip ETF.
The Exchange Traded Fund (ETF) will trade on NYSE Arca and be rebalanced quarterly to maintain its portfolio alignment with its target asset mix upon approval. That mix of tokens includes 70% Bitcoin (BTC), 15% Ethereum (ETH), 8% Solana (SOL), 5% Cronos (CRO), and 2% Ripple (XRP), giving it a diverse spread across what the company sees as top-tier cryptocurrencies.
The fund is designed to give institutional investors easy exposure to these digital assets, though details about fees have yet to be released. Supporting the ETF’s infrastructure, Crypto.com, through Foris DAX Trust, will handle custody, execution, and liquidity services, while Yorkville America Digital will serve as the fund’s sponsor.
Trump Media & Technology Group is clearly signaling that it’s serious about staking its claim in the crypto financial world.
TMTG’s Second Crypto ETF
Just last month, as reported by Crypto News Flash, TMTG submitted an earlier application for a more narrowly focused Bitcoin-and-Ethereum ETF. That proposal, also supported by Crypto.com and sponsored by Yorkville, aimed to allocate 75% to Bitcoin and 25% to Ethereum.
The filing process included both a Form S-1 to the SEC and a 19b-4 document to NYSE Arca, laying the groundwork for listing.
And things are moving quickly. Today, the SEC officially accepted the filing. This step kicks off a formal review process that usually goes for about 45 days, but it could also stretch up to 240 days. If all goes smoothly, investors could soon see the Truth Social Crypto Blue Chip ETF trading on NYSE Arca.
Designed with accessibility in mind, the ETF will offer exposure to major cryptocurrencies, without the technical headaches of wallets, keys, or direct crypto custody, thanks to infrastructure provided by Crypto.com.
This new ETF proposal from Trump Media could open the door for more traditional investors to gain easy, one-click exposure to several leading cryptocurrencies, all within a regulated framework. Leveraging the Trump brand and Truth Social’s loyal user base, the fund may attract politically aligned supporters and retail investors who’ve previously stayed on the sidelines.
This joins the wave of crypto-related ETF filings gaining traction with the SEC, adding momentum alongside existing applications for Ripple and Cardano (ADA). Other players are facing slower progress. Fidelity’s proposed Solana ETF, submitted through the Cboe BZX Exchange, has been delayed again.
The SEC confirmed on July 7 that it’s extending the review period, asking for public comments over the next 21 days and allowing rebuttals up to 35 days after publication in the Federal Register. The timing is notable, as it follows the agency’s first-ever official guidance on crypto ETFs, signaling a potential turning point under the leadership of SEC Chair Paul Atkins.
Recommended for you:
Credit: Source link
