Truth Social Applies for a Bitcoin-Heavy ETF

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Trump Media’s Truth Social just filed for a “Crypto Blue Chip ETF” with the SEC. The fund would track:

  • 70% Bitcoin
  • 15% Ethereum
  • 8% Solana
  • 5% Cronos
  • 2% XRP

A custodian holds the assets, and changes need regulator sign-off. The ETF, backed by Yorkville America Digital, plans to list on NYSE Arca.

Unlike most funds, it skips CFTC rules, issuing shares in big blocks to stay close to crypto prices. Another bold crypto play from Truth Social.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.