Truth Social presents a Bitcoin, Ethereum, Solana and Cronos ETF
Trump Media and Technology Group Corp (TMTG), a platform linked to US president Donald Trump, took a new step this Tuesday in the search for the approval of his own cryptocurrency ETF.
The company, which is behind the Truth Social Social Network, presented to the Bolsa y Validos (SEC) commission a form S-1 for the launch of the ETF called Social Crypto Blue Chip, a financial product that would combine exposure to Bitcoin (BTC), Ethher (Eth), Solana (Sun), Cronos (Cro) and XRP.
The fund was registered on June 16, 2025 under the laws of Nevada, with the aim of managing a digital asset portfolio through actions that represent undivided fractions of them. Fund assets They will be guarded by a third -one specialized in digital assets.
According to the presentation, the initial allocation ratio establishes that approximately 70% of the portfolio will be composed of BTC, 15% per ETH, 8% per sun, 5% per cro and 2% per XRP.
The proposal, which is still pending approval by the SEC, could open the doors to greater legitimation of digital assets within the traditional market. The SEC has the authority to approve or reject the creation of this ETF, which marks a crucial step in the integration of cryptocurrencies in traditional investment vehicles.
The background sponsor is Yorkville America Digital, a firm specialized in investment products in the digital asset sector, while the liquidity provider will be the Exchange Crypto.com. Both actors, together with TMTG, They have signed cooperation agreements to promote the fund.
This movement is part of a broader effort by TMTG to expand its presence in the cryptocurrency ecosystem, with the creation of investment vehicles that support its social truth platform.
As Cryptonoticias has reported, the company linked to Trump presented on June 5 a proposal to launch a Bitcoin ETF. Then, on June 16, he presented registration documents for a combined ETF of BTC and ETH. The latter, in fact, is advanced, since the issues presented the required form 19b-4.
