hkan logo

Trump Media’s Truth Social Files for ‘Crypto Blue Chip’ ETF with SEC

Trump Media’s Truth Social Files for ‘Crypto Blue Chip’ ETF with SEC

HKAN | Jul 8

JUST IN: Truth Social Launches “Crypto Blue Chip” ETF Filing

 

Trump Media & Technology Group—the company behind Truth Social—has filed a registration statement with the SEC for its “Crypto Blue Chip” ETF. This fund would target five major cryptocurrencies: 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% XRP—with Crypto.com’s custody arm Foris DAX Trust Co. as custodian and Yorkville America Digital as sponsor .

 

This marks Trump Media’s third ETF filing, following a prior Bitcoin-only and Bitcoin+Ethereum application . SEC’s review has now officially begun, starting the clock for regulatory approval .

 

 

Why This ETF Stands Out

Diversified crypto exposure: Includes BTC, ETH, SOL, CRO, and XRP, unlike existing U.S. ETFs  

 

24/7 ETF approach: Will trade on NYSE Arca, offering regulated access to major digital assets  

 

Crypto.com integration: For custody, staking, execution—bridging exchange, asset manager, and blockchain ecosystems  

 

 

Industry & Political Context

Crypto ETFs have surged in popularity—BlackRock’s IBIT leads with over $75 billion AUM  

 

The SEC recently updated its ETF guidelines, shifting toward a more structured listing process  

 

Trump’s growing crypto engagement includes a $2.5 billion Bitcoin Treasury plan and stablecoins through Truth.Fi  

 

 

Final Take

Truth Social’s Crypto Blue Chip ETF filing signifies a strategic expansion into crypto investment services underpinned by major infrastructure support (Crypto.com, Yorkville). If approved, it would offer the first U.S. ETF spanning more than just BTC and ETH potentially redefining how retail and institutional investors access crypto exposure.


💬 Comments

No comments yet. Be the first!

Please log in to post a comment.

Trump Media’s Truth Social Files for ‘Crypto Blue Chip’ ETF with SEC | HKAN.trade