#TruthSocialCryptoBlueChipETF ๐Ÿ“ฐ Truth Socialโ€™s Bold Crypto ETF Move

Truth Social, the media platform backed by Trump Media & Technology Group (TMTG), has filed for a Crypto Blue Chip ETFโ€”a major step into the digital asset space. Here's what makes it stand out:

๐Ÿ“Š ETF Composition

The fund will track five top-tier cryptocurrencies:

- Bitcoin (BTC) โ€“ 70%

- Ethereum (ETH) โ€“ 15%

- Solana (SOL) โ€“ 8%

- Cronos (CRO) โ€“ 5%

- Ripple (XRP) โ€“ 2%

๐Ÿ” Structure & Strategy

- Passive Investment Vehicle: No leverage or derivativesโ€”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

๐Ÿ›๏ธ 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

๐Ÿ’ฐ Political & Financial Impact

- Trumpโ€™s crypto ventures have reportedly earned him $620M, now making up 9% of his net worth

- The ETF aligns with TMTGโ€™s broader strategy, including a $2.44B capital raise for Bitcoin acquisition

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