Truth Social submits cryptocurrency blue chip ETF S-1 filing
According to the official website of the SEC, Truth Social has submitted a S-1 filing for a cryptocurrency blue chip ETF. The assets of the Truth Social Crypto Blue Chip ETF Trust mainly include Bitcoin, Ethereum, Solana (SOL), Ripple (XRP), and Cronos (CRO), held by custodians on behalf of the trust. According to the trust agreement, the trust will allocate its assets to the percentage of portfolio assets (allocation ratio) initially estimated to be approximately 70% Bitcoin, 15% Ethereum, 8% SOL, 5% CRO, and 2% XRP.