Trump Media Enters Crypto Markets with Truth Social Bitcoin & Ethereum ETF Filing
Donald Trump’s media company, Trump Media and Technology Group Corp (TMTG), officially filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) on Monday, June 16, 2025, to launch a new exchange-traded fund (ETF). The company is seeking approval to launch the Truth Social Bitcoin and Ethereum ETF. This new exchange-traded fund would invest directly in both Bitcoin and Ethereum, the two largest cryptocurrencies in the world. This filing reflects the president’s increasing alignment with cryptocurrency as a core part of his broader financial and political brand. If approved, this exchange-traded fund would place Trump Media and Technology Group among the institutions creating exposure to digital assets, thereby opening the door for other institutional investors to gain easier access to the rapidly growing crypto markets.
Inside the ETF: 75% Bitcoin, 25% Ether
The Truth Social Bitcoin and Ethereum ETF will provide direct insight to investors and offer exposure to the price movements of the two largest cryptocurrencies, Bitcoin and Ethereum, without the need to hold the digital assets themselves. The fund will allocate a higher percentage of its assets to Bitcoin, with 75% of its assets allocated to BTC and the remaining 25% to ETH. This allocation may be due to the current market dominance of Bitcoin and the growing institutional interest in the cryptocurrency, as Bitcoin continues to be seen as the leading store of value in the crypto world.
Inside the Infrastructure: Key Partners Powering the Truth Social Crypto ETF
Trump Media & Technology Group (TMTG), operator of Truth Social, announced on Monday that Crypto.com will serve as a key partner and be the exclusive custodian of the Truth Social Bitcoin and Ethereum ETF. The registration statement filed at the U.S. Securities and Exchange Commission (SEC) on June 16 confirms that Crypto.com will also act as the ETF’s staking provider and liquidity partner.
The Truth Social Bitcoin and Ethereum ETF will be sponsored by Yorkville America Digital, a firm widely recognized for its focus on digital asset innovation and fintech-driven investment products such as Yorkville Crypto, Blockchain & FinTech Opportunities. Yorkville America Digital focuses on creating innovative financial tools that make it easier for investors to move between traditional finance and the blockchain world, helping more people gain access to cryptocurrency opportunities.
Based on the filing, the Truth Social Bitcoin and Ethereum ETF is proposed to be listed on the New York Stock Exchange Arca (NYSE Arca), while awaiting approval from the Securities and Exchange Commission (SEC).
ETF Awaits SEC Approval Before Launch
The Truth Social Bitcoin and Ethereum ETF, backed by Trump Media & Technology Group, is still awaiting approval from the U.S. Securities and Exchange Commission (SEC) before it can officially become available for public trading on the stock exchange. The ETF is proposed to be listed on the New York Stock Exchange Arca (NYSE Arca), but regulatory clearance is required before trading can begin. Until the SEC approves both the S-1 registration statement and the 19b-4 filing, the ETF cannot be launched. This step is crucial to ensure compliance, investor protection, and alignment with federal securities laws.
Conclusion
The goal of Trump Media and Technology Group is to mirror the combined performance of Bitcoin and Ethereum as closely as possible, making it easier for retail and institutional investors to participate in the growing cryptocurrency market. If approved, this ETF could become one of the first politically branded digital asset funds, blurring the lines between finance, media, and ideology.
