#TruthSocialCryptoBlueChipETF Truth Social's Crypto Blue Chip ETF is a proposed exchange-traded fund that aims to provide investors with diversified exposure to top cryptocurrencies. Here's what we know about it

- *Underlying Assets*: The ETF will primarily hold five major cryptocurrencies, allocated as follows:

- *Bitcoin (BTC)*: 70%

- *Ethereum (ETH)*: 15%

- *Solana (SOL)*: 8%

- *Cronos (CRO)*: 5%

- *XRP (XRP)*: 2%

- *Structure*: The ETF will be structured as a Nevada business trust, sponsored by Yorkville America Digital, with Foris DAX Trust Company acting as custodian for digital assets.

- *Listing*: If approved, the ETF will be listed on the NYSE Arca exchange.

- *Investment Strategy*: The fund will function as a passive investment vehicle, tracking market prices of its underlying cryptocurrencies without employing leverage, derivatives, or speculative trading strategies.

- *Staking*: The ETF will engage in staking for assets like Ethereum, Solana, and Cronos to generate staking rewards.

- *Partnership*: Truth Social has partnered with (link unavailable), which will act as the ETF's exclusive Bitcoin custodian, prime execution agent, and liquidity provider.

The filing is currently under review by the SEC, and approval is pending. If successful, this ETF could broaden retail and institutional access to blue-chip cryptocurrencies , further bridging traditional financial markets with the digital asset ecosystem