Truth Social seeks SEC approval for two cryptocurrency ETFs

Yorkville America Equities, the firm behind Truth Social-branded exchange-traded funds, has filed registration documents with the U.S. Securities and Exchange Commission for two new cryptocurrency products. The filings cover a bitcoin and ether ETF as well as a staking-focused Cronos fund, marking an expansion of the Truth Social brand into digital assets. If approved, the ETFs would partner with Crypto.com for custody and staking services.

Yorkville America Equities submitted the filings on Friday, seeking approval for the Truth Social Bitcoin and Ether ETF, which would provide exposure to bitcoin and ether, the two largest cryptocurrencies by market capitalization. The second product, the Truth Social Cronos Yield Maximizer ETF, would invest in and stake Cronos (CRO) tokens, the native asset of Crypto.com's Cronos blockchain, to generate yield through staking rewards alongside price exposure.

The proposed funds would launch in partnership with Crypto.com, which would handle custody, liquidity, and staking services. Distribution would occur through Foris Capital US LLC, an SEC-registered broker-dealer affiliated with Crypto.com. Both ETFs remain subject to SEC approval, representing a significant step for the politically branded investment firm.

This move builds on earlier efforts by Truth Social, which first indicated crypto ambitions in June 2025 with an S-1 registration for a spot bitcoin ETF. That was followed in July 2025 by a filing for a Blue Chip Digital Asset ETF targeting a basket of large-cap altcoins. Neither of those products has launched yet.

Truth Social is owned by Trump Media & Technology Group, of which President Donald Trump is the primary owner. The company's ties to the cryptocurrency sector have created political challenges, particularly as a sticking point in advancing the U.S. Senate's Digital Asset Market Clarity Act, which aims to govern oversight of U.S. crypto markets.

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Trump Media plans digital token distribution to shareholders

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Trump Media and Technology Group announced on December 31, 2025, a partnership with Crypto.com to distribute a new digital token to its shareholders, one per whole share held. The token, to be issued on the Cronos blockchain, will offer periodic rewards such as discounts on company products like Truth Social and Truth+. Shares of the company rose following the news amid a favorable regulatory environment for cryptocurrencies under President Donald Trump.

Truth Social Funds, part of Trump Media and Technology Group, has filed with the U.S. Securities and Exchange Commission for two new cryptocurrency exchange-traded funds. One ETF will track Bitcoin and Ethereum, while the other focuses on CRO, the native token of Cronos. The filings continue President Trump's company's push into the crypto sector.

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Trump Media is exploring a spinoff of its Truth Social platform into a separate public company, building on its recent cryptocurrency ETF filings and the surge in Bitcoin and crypto exchange-traded funds.

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission held a joint event on January 29 to discuss harmonizing their approaches to cryptocurrency oversight. Chairmen Paul S. Atkins and Michael S. Selig announced Project Crypto as a collaborative initiative to streamline regulations and foster innovation. The effort aims to position the United States as the global crypto capital, in line with President Donald Trump's vision.

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The U.S. Senate Banking Committee is set to mark up the Digital Asset Market Clarity Act of 2025 on January 15, 2026, aiming to establish a federal framework for digital assets. The bill would divide regulatory oversight between the Securities and Exchange Commission and the Commodity Futures Trading Commission. Controversy surrounds provisions related to decentralized finance, with advocacy groups launching ads to oppose them.

Under the Trump administration, U.S. regulators have shifted toward integrating cryptocurrency into the traditional financial system, marking a historic change from prior enforcement-heavy approaches. Key developments include new legislation for stablecoins and approvals for crypto firms to operate like banks. This evolution has boosted institutional adoption amid Bitcoin's volatile but upward price trajectory.

Reported by AI

The Digital Asset Market Clarity Act, known as the CLARITY Act, advances in the U.S. Senate amid concerns over stablecoin rewards. Section 404 of the bill bans passive yields on payment stablecoins but allows activity-based incentives. This could reshape how platforms like Coinbase offer returns to users while integrating crypto into the traditional financial system.

 

 

 

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