Truth Social Crypto ETF Filing | Cryptowisser News

Trump Media & Technology Group (TMTG), Truth Social's parent company, has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission for a comprehensive "Blue Chip crypto" exchange-traded fund. The proposed investment vehicle will focus on five major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cronos (CRO).

The SEC acknowledged the July 8 filing, initiating the official review process for what could become another significant cryptocurrency investment product in the traditional finance sector. The ETF represents TMTG's expanded digital asset strategy, building on previous Bitcoin-focused filings submitted earlier this year.

Upon regulatory approval, the fund will trade on NYSE Arca, though the specific ticker symbol remains undisclosed. The proposed ETF is structured as a passive investment vehicle, designed to track underlying cryptocurrency prices without employing leverage, derivatives, or speculative trading strategies.

The fund will also incorporate staking capabilities for compatible assets including Ethereum, Solana, and Cronos, potentially generating additional returns through network validation rewards.

Strategic Portfolio Allocation and Crypto.com Partnership Details

The Truth Social Crypto Blue Chip ETF will maintain a weighted allocation structure emphasizing Bitcoin dominance while diversifying across major altcoins. The portfolio composition includes approximately 70% Bitcoin, 15% Ethereum, 8% Solana, 5% Cronos, and 2% XRP by value.

This allocation strategy reflects current market capitalizations while providing exposure to various blockchain ecosystems and use cases. The inclusion of CRO confirms Truth Social's partnership with Singapore-based Crypto.com, which will serve multiple operational roles.

Crypto.com will function as the ETF's exclusive Bitcoin custodian, prime execution agent, and liquidity provider, establishing a comprehensive service relationship. Earlier reports indicated TMTG's non-binding agreement with Crypto.com to launch "Made-in-America" ETFs on the Cronos blockchain.

Yorkville America Digital sponsors the ETF, while Foris DAX Trust Company handles digital asset custody services. This structure mirrors Truth Social's previous Bitcoin ETF and Bitcoin-Ethereum combination ETF filings, demonstrating consistency in operational partnerships.

Market reaction to the filing announcement particularly benefited CRO, which surged over 20% to a monthly high of $0.09886, significantly outperforming other included cryptocurrencies that gained between 1.08% and 3.6%.

Trump's Expanding Crypto Empire Drives Corporate Digital Strategy

The ETF filing coincides with TMTG's broader digital asset initiatives, including a Bitcoin treasury strategy announced earlier this year. The company successfully raised $2.44 billion through private placement involving nearly 50 institutional investors, with proceeds earmarked for Bitcoin acquisition and general operations.

TMTG President and CEO Devin Nunes described Bitcoin as "an apex instrument of financial freedom," emphasizing its role as a core component of the company's asset base. The funding round included 55.9 million shares at $25.72 and $1 billion in zero-coupon convertible notes.

President Trump appears to be capitalizing significantly on cryptocurrency ventures. Recent Bloomberg analysis revealed that Trump and his family have earned over $620 million from crypto-related activities, with digital assets now comprising approximately 9% of his estimated $6 billion fortune as of June.

Beyond Truth Social-affiliated ventures, this wealth stems primarily from World Liberty Financial and Trump's personal meme coin launch, demonstrating the family's comprehensive cryptocurrency engagement strategy.