#TruthSocialCryptoBlueChipETF 📰 Truth Social’s Bold Crypto ETF Move
Truth Social, the media platform backed by Trump Media & Technology Group (TMTG), has filed for a Crypto Blue Chip ETF—a major step into the digital asset space. Here's what makes it stand out:
📊 ETF Composition
The fund will track five top-tier cryptocurrencies:
- Bitcoin (BTC) – 70%
- Ethereum (ETH) – 15%
- Solana (SOL) – 8%
- Cronos (CRO) – 5%
- Ripple (XRP) – 2%
🔐 Structure & Strategy
- Passive Investment Vehicle: No leverage or derivatives—just direct exposure to crypto price movements
- Staking Rewards: ETH, SOL, and CRO will be staked to generate yield
- Custodians & Partners:
- Crypto.com: Bitcoin custodian and liquidity provider
- Foris DAX Trust Company: Digital asset custodian
- Yorkville America Digital: ETF sponsor
🏛️ Regulatory Status
- Filed as an S-1 registration with the SEC on July 8, 2025
- Awaiting approval to list on NYSE Arca
- Shares will be issued in blocks of 10,000 units
💰 Political & Financial Impact
- Trump’s crypto ventures have reportedly earned him $620M, now making up 9% of his net worth
- The ETF aligns with TMTG’s broader strategy, including a $2.44B capital raise for Bitcoin acquisition
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