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Trump’s Truth Social Files for Bitcoin and Ether ETF Backed by Crypto.com

Trump’s Truth Social Files for Bitcoin and Ether ETF Backed by Crypto.com

Crypto News
Trump’s Truth Social Files for Bitcoin and Ether ETF Backed by Crypto.com

Truth Social (DJT), the media arm of Trump’s post-presidency empire, has filed to launch a dual-asset Bitcoin and Ether ETF, a move that drags crypto deeper into the political and financial mainstream. The S-1 filing, made Monday, outlines a new fund that would hold spot BTC and ETH, with custody managed by Crypto.com.

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Truth Social’s Dual-Asset Fund Bridges Crypto and Wall Street

The proposed Truth Social Bitcoin and Ethereum ETF, sponsored by Yorkville America Digital, would offer investors exposure to both assets, not through derivatives, but through physically-backed reserves. BTC and ETH would be held in trust by Foris DAX, doing business as Crypto.com.

The fund is targeting a listing on NYSE Arca, though critical details, including ticker and cash custodian, remain pending.

This Aligns with the SEC’s Green Light To Cement Crypto Strategy

The filing doesn’t exist in a vacuum. It follows the SEC’s recent approval of Trump Media’s $2.3 billion Bitcoin treasury registration. It follows the SEC’s recent approval of Trump Media’s $2.3 billion Bitcoin treasury registration. The filing doesn’t whisper interest — it declares intent: crypto is now in the firm’s bloodstream. While the company claims it has “no immediate plans” to issue securities under the new clearance, a $2.5 billion capital raise aimed at acquiring Bitcoin is reportedly in motion.

For Truth Social, the ETF may function as both a financial product and a political statement: a bid to align the Trump brand with crypto’s anti-establishment narrative — but through a regulated, Wall Street-facing vehicle.

Truth Social Joins the ETF Arms Race as Competitors Swarm

The timing is interesting. The same day, CoinShares filed for a Solana (SOL-USD) spot ETF, joining a list of big-name issuers now pushing toward a digital asset ETF sweep: Fidelity, Grayscale, VanEck, Franklin Templeton.

Truth Social’s entry cuts against type, a media platform stepping into the asset management industry, but the filing gives it a seat at the table in what’s shaping up to be one of the defining ETF races of the decade.

For investors looking to follow the space, platforms like TipRanks offer ETF screeners that track performance, fees, and assets under management (AUM) across all major crypto ETFs — including Bitcoin and Ether products already trading.

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