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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Illustration of Truth Social withdrawing Bitcoin ETF filing with SEC documents and Bitcoin symbols.
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Truth social withdraws bitcoin etf filing amid fee pressure

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Trump Media & Technology Group has withdrawn its plans for Truth Social-branded spot bitcoin and bitcoin-and-ether ETFs. The move came after the firm pulled its registration statements with the U.S. Securities and Exchange Commission on May 19.

The U.S. Securities and Exchange Commission has extended its review period for exchange-traded funds tied to prediction markets. These ETFs from Roundhill, Bitwise, and GraniteShares track odds on political races and economic indicators. The agency is seeking further clarity on their structure and disclosures.

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The Securities and Exchange Commission is developing an innovation exemption to allow crypto platforms to offer tokenized versions of stocks like those of Apple, Tesla, and Nvidia under lighter rules. The plan, part of the agency's Project Crypto initiative, is expected within the next week. It aims to keep financial innovation in the United States while addressing investor protections.

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