Truth Social Ventures into Crypto-ETF Arena
Truth Social, Donald Trump’s social-media platform, has quietly lodged paperwork for a fund that would hold both Bitcoin and Ethereum—marking the first time a Trump-linked business has ventured into the U.S. crypto-ETF arena.
A June 16 S-1 filing shows the “Truth Social Bitcoin and Ethereum ETF” would be organized as a trust and sponsored by Yorkville America Digital LLC of New Jersey.
Unlike the single-asset spot products already trading in the United States, this ETF would give investors simultaneous exposure to the two largest cryptocurrencies.
The registration falls under the Securities Act of 1933, the same route used by BlackRock’s IBIT and Fidelity’s FBTC, yet the filing leaves key questions unanswered: Will the trust hold actual coins, rely on futures, or pursue a blended structure?
Yorkville America Digital has no prior track record in digital-asset funds, and the SEC has not commented on the submission.
If approved, the product would signal Truth Social’s expansion beyond its core media business and could reshape competition in a market that has so far been dominated by pure-play Bitcoin vehicles. A formal prospectus and review timeline are still to come.
About Alexander Stefanov
With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.
