Overview
- Trump Media & Technology Group submitted an S-1 registration for the Truth Social Crypto Blue Chip ETF on July 8, marking its third crypto ETF filing this year
- The proposed fund allocates 70% of assets to bitcoin, 15% to ether, 8% to solana, 5% to cronos and 2% to XRP
- Crypto.com will serve as the ETF’s custodian, prime execution agent and provider of staking and liquidity
- Yorkville America Digital is designated as sponsor and asset manager for the fund
- The filing follows underwhelming revenue from Truth Social, reflecting President Trump’s pro-crypto policy stance under a more permissive SEC framework