Catenaa, July 9, 2025 — Donald Trump’s Truth Social has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a “Crypto Blue Chip” exchange-traded fund (ETF) that will track major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO).
According to the preliminary prospectus, the ETF’s initial asset allocation will be roughly 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% Ripple. The filing identifies Truth Social, the social media division of Trump Media & Technology Group, as the applicant.
The fund is sponsored by Yorkville America Digital with Foris DAX Trust Company as the custodian for digital assets. The ETF shares are planned to be listed on the New York Stock Exchange Arca.
This application follows Truth Social’s earlier attempts to register a spot Bitcoin ETF and a combined Bitcoin-Ethereum ETF. The filings align with a partnership announced earlier this year between Trump Media, Crypto.com, and Yorkville America Digital to launch a series of ETFs focusing on “Made in America” digital assets.
Cronos’ controversial approval in March to reissue 70 billion CRO tokens, previously burned in 2021, is seen as a move supporting the ETF plans by Crypto.com.
Other major asset managers, including Bitwise, Grayscale, Franklin Templeton, and REX Shares, are also awaiting SEC approval for various crypto ETFs covering XRP, Solana, Dogecoin, Cardano, Avalanche, and more. The increased filings come amid expectations that the SEC under the Trump administration will adopt a more crypto-friendly stance than during the Biden administration.
