In a move blending politics, social media, and digital assets, Trump Media & Technology Group (TMTG) — the parent company of Truth Social — has officially filed with the SEC to launch a new “Crypto Blue Chip” ETF.
If approved, this fund would track a basket of major cryptocurrencies: Bitcoin, Ethereum, Solana, XRP, and Cronos (CRO). It’s a bold entry into the ETF race, and it might say as much about crypto’s growing political clout as it does about its investment potential.
📊 What’s In the Fund?
According to the S-1 registration statement, the proposed allocation looks like this:
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70% Bitcoin (BTC)
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15% Ethereum (ETH)
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8% Solana (SOL)
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5% Cronos (CRO)
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2% XRP
This mix leans heavily into the top two digital assets while nodding toward “next-tier” altcoins—particularly CRO, which has become a political and institutional wildcard since Crypto.com’s controversial $6.9 billion CRO token reissue earlier this year.
🛠️ Who’s Behind It?
The ETF is:
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Sponsored by: Yorkville America Digital
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Custodied by: Foris DAX Trust Company (connected to Crypto.com)
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Planned listing: NYSE Arca
This is the third ETF filing backed by Truth Social in just a few months. The company filed for a spot Bitcoin ETF in June and a BTC/ETH combo ETF shortly afterward. The quick succession of filings suggests TMTG sees itself not just as a media platform—but as a crypto-aligned financial brand.
🇺🇸 Politics & Crypto, Reunited
This ETF isn’t just about finance—it’s also a political signal. Under the Trump administration’s pro-crypto tilt, the SEC has noticeably softened its stance on digital assets. That shift has unleashed a wave of ETF filings from firms like Bitwise, Grayscale, Franklin Templeton, and REX Shares, many of which target altcoin-specific spot ETFs.
Truth Social’s angle adds a layer of “Made in America” branding, which could appeal to both retail investors and political supporters. And with Trump publicly backing crypto innovation, the odds of regulatory approval are better than at any time in recent history.
🌐 What It Means for Cointiply Users
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Increased visibility for altcoins: SOL, XRP, and CRO could benefit from ETF-driven buying pressure and legitimacy.
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Institutional tailwind: ETFs make crypto more accessible to traditional investors, fueling market demand and liquidity.
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Political influence meets adoption: Expect more politically backed crypto narratives as we head into election season.
🧭 TL;DR
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Truth Social just filed for a “Crypto Blue Chip” ETF featuring BTC, ETH, SOL, CRO, and XRP.
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The fund would be listed on NYSE Arca and custodied by a Crypto.com-affiliated trust.
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This is the third ETF effort from Trump’s media group—clearly signaling a long-term crypto play.
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Under a crypto-friendly SEC, expect more altcoin ETFs—and more political crossovers—in the months ahead.
Comments by Alyssa