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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US Senate hearing on CLARITY Act: Senators, President Trump, and crypto leaders discuss digital asset regulation amid rising charts of XRP and Stellar.
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Clarity Act gains momentum in US Senate for crypto regulation

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The CLARITY Act, aimed at providing regulatory clarity for digital assets, is advancing in Washington with hopes of passage by mid-2026. Negotiations focus on stablecoin yields, drawing involvement from President Trump and industry leaders. The bill could benefit ISO 20022-compliant coins like XRP and Stellar amid ongoing debates between banks and crypto firms.

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 (SEC) and Commodity Futures Trading Commission (CFTC) have relaunched Project Crypto on January 29 as a coordinated initiative to prepare for upcoming federal digital asset legislation. The move aims to reduce jurisdictional fragmentation between the agencies. Chairs Paul S. Atkins and Michael S. Selig emphasized harmonized oversight during remarks at CFTC headquarters.

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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.

A $500 million investment from an Abu Dhabi royal in a Trump-linked cryptocurrency firm has intensified Democratic calls for ethics provisions in a major digital assets bill. The deal, involving World Liberty Financial, highlights ongoing concerns about the Trump family's business ties amid bipartisan negotiations. Lawmakers on both sides face pressure as the legislation advances through Senate committees.

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Coinbase has rolled out commission-free trading of US-listed stocks and exchange-traded funds to all its American customers, operating 24 hours a day, five days a week. This expansion aims to position the platform as an 'everything exchange' by integrating traditional assets with cryptocurrency services. Users can fund trades using US dollars or the USDC stablecoin and purchase fractional shares starting at $1.

 

 

 

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