Cryptocurrencies Solana, XRP, and Cronos have been incorporated into a fresh 'blue chip' Exchange-Traded Fund proposed by Trump.
In a significant move, Trump Media and Technology Group (TMTG) has filed for a second exchange-traded fund (ETF) under the Truth Social brand, focusing on Bitcoin and Ethereum. The new ETF, named Truth Social Crypto Blue Chip ETF, B.T., is poised to offer a 75% allocation to Bitcoin and a 25% allocation to Ethereum, should it receive regulatory approval.
The proposed ETF, if approved, will be structured as a Nevada business trust and will have Crypto.com as the digital custodian for its assets. Crypto.com will also serve as the staking and liquidity provider for the ETF, and will issue its shares on the NYSE Arca.
This expansion of TMTG's crypto exposure comes amidst a surge in crypto ETF applications and speculation about the U.S. Securities and Exchange Commission (SEC) potentially streamlining the approval process for such funds. The SEC is currently reviewing the 'Truth Social Bitcoin and Ethereum ETF' filed by TMTG, with a specific timeframe for a decision yet to be publicly announced.
The ETF will also feature three prominent altcoins, with an 8% allocation to Solana (SOL) and a 5% allocation to Cronos (CRO). The current status of the SEC's review of the ETF indicates that the application has been acknowledged, starting the countdown for approval or rejection.
The U.S. is taking a more friendly approach to crypto regulation, with the potential fast-tracking of crypto ETF approvals. If approved, the new ETF may appeal to more risk-averse investors due to its focus on the two most popular crypto assets, Bitcoin and Ethereum.
If implemented, the changes could potentially expedite the approval process for Truth Social's ETFs. This development marks another step in the growing integration of cryptocurrencies into mainstream financial markets.
[1] Truth Social Files for Dual Bitcoin and Ethereum ETF (2025, June 16). Retrieved from https://www.truthsocial.com/news/truth-social-files-for-dual-bitcoin-and-ethereum-etf
[2] SEC Reviewing Truth Social's Bitcoin and Ethereum ETF (2025, June 20). Retrieved from https://www.sec.gov/news/press-release/2025-123
[3] Crypto.com to Serve as Digital Custodian for Truth Social's ETF (2025, June 22). Retrieved from https://crypto.com/press/crypto-com-to-serve-as-digital-custodian-for-truth-social-s-etf
[4] Truth Social's ETF to Feature Additional Cryptocurrencies (2025, June 25). Retrieved from https://www.coindesk.com/truth-social-s-etf-to-feature-additional-cryptocurrencies
- The Truth Social Crypto Blue Chip ETF, if approved, will primarily invest in Bitcoin (75%) and Ethereum (25%), with Crypto.com serving as the digital custodian for its assets.
- The expanding crypto portfolio of Trump Media and Technology Group (TMTG) includes three well-known altcoins: Solana (SOL) and Cronos (CRO, each with an 8% and 5% allocation, respectively).
- Crypto.com will also provide staking and liquidity services for the new ETF, which will issue its shares on the NYSE Arca.
- The United States Securities and Exchange Commission (SEC) is currently evaluating the TMTG's Truth Social Bitcoin and Ethereum ETF application, although a specific timeframe for the decision has not been disclosed.
- As cryptocurrency regulation in the US becomes more lenient, there's a possibility that the SEC may expedite the approval process for crypto ETFs like the Truth Social Crypto Blue Chip ETF, potentially appealing to risk-averse investors.
- The filing and subsequent review of the Truth Social's Bitcoin and Ethereum ETF reflects an ongoing integration of cryptocurrencies into mainstream finance markets, illustrating the growing relevance of cryptocurrencies like Bitcoin, Ethereum, and other prominent altcoins in financial investments.
