TL;DR

• Trump-linked Truth Social has filed for a new “Crypto Blue Chip ETF” backed by Bitcoin, Ethereum, Solana, XRP, and Cronos.
• 85% of the ETF’s portfolio would be held in BTC and ETH, signaling a strong lean toward institutional favorites.
• The filing adds to a growing wave of U.S.-based crypto ETF efforts but SEC approval still hangs in the balance.
• Custody for the assets will be handled by Crypto.com’s Foris DAX Trust Company.

Trump Media & Technology Group (TMTG), the company behind social media platform Truth Social, has taken its next step into crypto. According to a new SEC filing, the firm is aiming to launch a crypto exchange-traded fund (ETF) under the name “Truth Social Crypto Blue Chip ETF.” The proposed product would track a selection of leading cryptocurrencies, anchored by heavy allocations to Bitcoin and Ethereum.

If approved, this would be the first ETF under the Truth Social brand, adding a financial layer to the Trump-aligned media entity and deepening its ties to the digital asset economy. The move comes as Donald Trump continues to openly embrace crypto in his 2024 presidential campaign, a marked shift from his earlier skepticism.

What’s in the Fund?

The Truth Social Crypto Blue Chip ETF will include a basket of five tokens:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• XRP (Ripple’s token)
• Cronos (CRO)

According to the filing, 85% of the portfolio will be split between BTC and ETH, giving the fund a conservative anchor in crypto’s most established assets. The remaining allocation will include: Solana: 8%, Cronos: 5% , XRP: 2%

This blend follows a common institutional strategy keeping most exposure in high-liquidity assets while experimenting with altcoins that offer upside potential or technical innovation.

Who’s Managing It?

The ETF is being managed by Yorkville America Digital, an asset firm looking to carve out space in the regulated crypto ETF sector. Custody of the assets will be handled by Foris DAX Trust Company, the institutional custody arm of Crypto.com. That setup gives the fund an extra layer of credibility with regulators and compliance-focused investors.

Importantly, for the SEC’s review clock to officially begin ticking, a secondary exchange filing will be needed. This next step is often where approval bottlenecks occur and in crypto, that process is far from guaranteed.

Still a Long Road Ahead

Despite the buzz, it’s worth remembering: this is just a filing. Many ETFs are proposed. Few get approved. The SEC’s stance on altcoin-heavy baskets is still murky, and broader market volatility could delay or complicate the process.

And while Trump-linked branding may help the fund gain media attention and retail interest, it may just as easily complicate its regulatory path. Partisan associations are rare in the ETF world and the Truth Social name could be a double-edged sword in the eyes of U.S. financial watchdogs.

Final Thought

The Truth Social Crypto Blue Chip ETF might never hit the market or it might become the most politically-charged crypto fund in history. Either way, it reflects a clear trend: crypto is no longer just a tech story or a finance story, it’s a political story. Whether you view this ETF as a real product or just another campaign-era signal, one thing’s clear: the Trump-crypto connection is now institutional.