Truth Social files for crypto ETF…to hold Bitcoin and Ethereum

Yorkville America Equities, an asset manager marketing U.S. President Donald Trump’s social media brand “Truth Social,” is stepping up its push into the crypto exchange-traded fund (ETF) market.

According to CoinDesk on the 13th (local time), Yorkville submitted registration filings to the U.S. Securities and Exchange Commission (SEC) for two new crypto ETFs.

The proposed products are the “Truth Social Bitcoin and Ether ETF,” which invests in Bitcoin (BTC) and Ethereum (ETH), the No. 1 and No. 2 cryptocurrencies by market capitalization, and the “Truth Social Cronos Yield Maximizer ETF,” which utilizes Cronos (CRO), the native blockchain token of Crypto.com. In particular, the Cronos ETF is designed to go beyond simple spot exposure by staking (depositing) assets to generate additional yield.

If the products win SEC approval, global crypto exchange Crypto.com will participate as a partner and take charge of custody, liquidity provision, and staking services. Distribution will be handled by Foris Capital US LLC, a Crypto.com affiliate and an SEC-registered broker-dealer.

This is not Truth Social’s first attempt to enter the crypto market. Yorkville previously filed to list a spot Bitcoin ETF in June 2025, followed by paperwork in July for a “Blue Chip Digital Assets ETF” that invests in major large-cap altcoins. Those products, however, have yet to launch.

Market participants say the latest ETF push could spark political controversy. President Trump is a major owner of Truth Social’s parent company, Trump Media & Technology Group (TMTG). The close ties between the president’s private business interests and the crypto industry have emerged as a potential conflict-of-interest issue in the legislative process for the “Digital Asset Market Clarity Act (CLARITY Act),” currently under discussion in the U.S. Senate, and are seen as a major obstacle to the bill’s passage.