PANews July 8 news, according to the SEC's official website, Truth Social Crypto Blue Chip ETF, B.T. has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) with plans to issue a crypto blue chip ETF. The fund is registered in Nevada, and its annual settlement date is September 30 each year. The S-1 document shows plans to issue a passive crypto blue chip ETF primarily based on Bitcoin, Ethereum, Solana, Cronos, and Ripple. This trust is initiated by Yorkville America Digital, LLC, with an initial asset allocation ratio of 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% Ripple. The ETF will be listed and traded on the NYSE Arca, aiming to provide investors with a channel to invest in a basket of mainstream crypto assets.
