$SOL Truth Social Crypto Blue Chip ETF: A New Investment Opportunity
Truth Social, a platform backed by former President Donald Trump's media company, has filed for a new exchange-traded fund (ETF) called the Truth Social Crypto Blue Chip ETF. This ETF aims to track the performance of top crypto assets, providing investors with a diversified portfolio of leading digital currencies.
Key Features of the ETF
- *Underlying Assets*: The ETF will track a basket of blue-chip crypto assets, including ¹ ²:
- *Bitcoin (BTC)*: 70% allocation
- *Ethereum (ETH)*: 15% allocation
- *Solana (SOL)*: 8% allocation
- *Cronos (CRO)*: 5% allocation
- *XRP (XRP)*: 2% allocation
- *Custodian*: Foris DAX Trust Company, affiliated with (link unavailable), will serve as the digital asset custodian.
- *Listing*: The ETF shares will be listed and traded on the New York Stock Exchange (NYSE) Arca.
- *Structure*: The ETF is structured as a Nevada business trust and sponsored by Yorkville America Digital.