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.