TRUTH SOCIAL REVEALS PLANS FOR BITCOIN AND ETHEREUM ETFS ON THE NEW YORK STOCK EXCHANGE
Recent filings with the U.S. Securities and Exchange Commission (SEC) on Monday show that U.S. President Donald Trump’s platform, Truth Social, is introducing a new digital asset investment fund: the Truth Social Bitcoin and Ethereum ETF. The fund, based in Nevada, will focus on investments in both Bitcoin and Ethereum.
The documents indicate that Yorkville America Digital, LLC will serve as the fund’s official sponsor, with an initial allocation ratio of three-to-one between Bitcoin and Ethereum.