Truth Social, operated by Trump Media & Technology Group, has filed for approval of a Bitcoin and Ethereum ETF with the SEC.
Key Factors for ETF Success: Structure and Sponsors
The application was filed on June 16, 2025, with the ETF composed of 75% Bitcoin and 25% Ethereum, rebalancing quarterly. The ETF is sponsored by Yorkville America Digital and Crypto.com handles custody and execution.
Impact of Potential Approval on Cryptocurrency Market
The approval of the ETF could shift institutional interest towards Bitcoin and Ethereum, leading to changes in asset allocation and influencing BTC and ETH market positions.
Current Financial Situation of Bitcoin and Ethereum
As of July 7, 2025, Bitcoin is trading at $108,249.50 with a market cap of $2.15 trillion and a dominance of 64.47%. It has shown a 41.69% increase over the past 90 days.
Truth Social's ETF application could be a significant step in the evolution of digital asset markets, attracting institutional interest in Bitcoin and Ethereum.
