Truth Social, the platform associated with Donald Trump, has filed for an exchange-traded fund (ETF) that combines Bitcoin and Ethereum. This event has attracted attention to the blend of financial technology and politics.
ETF Dual Asset Structure
According to the S-1 filing, the Truth Social ETF will allocate 75% of its investments to Bitcoin and 25% to Ethereum. The fund will rely on BTC and ETH held in custody by Foris DAX Trust, known as Crypto.com. This setup aims to facilitate the integration of both assets into a single regulated product.
Political Factors and Elections
The timing of the filing comes in light of the upcoming 2025 presidential elections, where cryptocurrencies hold significant political weight. Analysts suggest that the ETF could attract voters interested in crypto investments. "Given the SEC’s recent approvals, a dual Bitcoin-Ether ETF now has a real shot—especially in an election year where crypto is front and center," stated an ETF analyst in June 2025.
Comparison to Single-Asset Funds
Most U.S. crypto ETFs focus on a single asset. However, the Truth Social ETF is unique in offering exposure to both cryptocurrencies at once, appealing to investors seeking diversification. The direct custody model enhances asset security, addressing concerns that have plagued earlier ETF launches.
Truth Social's ETF application represents an intriguing fusion of political branding and financial innovation. The fate of the application rests with the SEC, and its decision may profoundly influence both cryptocurrency regulation and the intersection of digital assets with U.S. politics.
