Truth Social, a subsidiary of Trump Media & Technology Group, has filed for a crypto ETF focused on five major digital assets.
S-1 Filing Details for ETF
On July 8, 2025, Truth Social submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for a new product known as the Truth Social Crypto Blue Chip ETF, which will primarily consist of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO) as its 'Portfolio Assets.'
Initial Asset Allocation of ETF
According to the preliminary prospectus, the ETF's initial allocation is set at 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% XRP. Any change in the allocation will require an amendment to the Trust Agreement and additional filings in the prospectus.
Organizations Involved in the ETF
Yorkville America Digital, LLC has been named the sponsor of the ETF responsible for administrative responsibilities related to the trust. Foris DAX Trust Company, LLC will serve as the digital asset custodian overseeing the custody of the portfolio assets in accordance with SEC regulations.
The registration of a crypto ETF by Truth Social highlights the growing interest in digital assets and the integration of well-known platforms into financial technologies.
