Truth Social officially enters the cryptocurrency investment space with plans to launch a Bitcoin and Ethereum ETF.
According to a tweet from Bloomberg's ETF analyst James Seyffart, the social media platform backed by U.S. President Donald Trump filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) on June 16, 2025, to launch a new cryptocurrency ETF.
This ETF is named Truth Social Bitcoin and Ethereum ETF, with the expected trading code 'B.T.', aimed at providing access to both Bitcoin and ETH within the same investment product.
Truth Social's advancement into the financial sector.
This move marks the most significant step to date for Truth Social in penetrating the financial sector, reflecting the growing interest in blockchain technology and digital assets.
Although initially launched as a politically oriented social media platform, Truth Social is gradually expanding its focus to align with digital innovation trends.
Now, with the filing of this ETF, the company seems to be positioning itself as a serious player at the intersection of finance, crypto, and digital infrastructure.
Notably, this move not only demonstrates Truth Social's ambition for diversification but also reflects a broader trend as traditional platforms gradually step into the digital asset space.
Additionally, entering the crypto space may also be Truth Social's effort to attract a younger, tech-savvy user group — a demographic that is increasingly influential in both finance and politics.
Truth Social Bitcoin and Ethereum ETF will provide access to BTC and ETH.
The proposed ETF will offer investors access to the two largest cryptocurrencies today — Bitcoin and Ethereum — within the same investment product.
Unlike many previous ETFs that focused solely on a single asset class, this dual approach structure may appeal to investors looking for an entry point into the digital currency market with a higher level of diversification.
The fund will be funded by Yorkville America Digital, LLC and is expected to track the market performance of both BTC and ETH. However, full details will depend on the SEC's approval process.
As the crypto market matures and the regulatory environment becomes clearer, the Truth Social Bitcoin and Ethereum ETF, if approved, will provide traditional investors with a tightly managed approach to digital assets without the need to directly hold or manage them.
Such accessibility could broaden crypto adoption among cautious risk investors or major financial institutions.
While SEC approval is never a certainty, this registration filing contributes to the growing wave of cryptocurrency-related financial products in the United States.