Trump Media & Technology Group (TMTG), the parent company of Truth Social, has officially filed an initial registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin and Ethereum ETF. The filing marks a significant step in the company's expansion into digital finance and could boost mainstream adoption of crypto assets.
According to the filing, the ETF will be managed in partnership with Yorkville America Digital and Crypto.com, with Crypto.com designated as both the custodian and liquidity provider. The fund proposes a 3:1 allocation ratio of Bitcoin (BTC) to Ethereum (ETH), favoring Bitcoin as the dominant holding while still offering exposure to Ethereum's growing ecosystem.
This dual-asset approach places Truth Social’s fund among a growing class of institutional-grade crypto investment products, aiming to attract both traditional investors and crypto-native participants.
Despite the significance of the ETF proposal, Donald Trump and senior executives at Trump Media have yet to make public statements via major platforms like Truth Social, X (formerly Twitter), or LinkedIn. However, industry watchers suggest that the silent rollout may be part of a broader, more deliberate institutional strategy.
In a statement released by Shannon Devine, Managing Director of MZ North America:
“Trump Media and Technology Group Corp. … announced today the filing with the U.S. Securities and Exchange Commission of the initial registration statement on Form S-1 for the Truth Social Bitcoin and Ethereum ETF, B.T.”
Though price movements in BTC and ETH were modest following the news, traders and analysts have noted the symbolic importance of the filing. It reflects growing confidence in cryptocurrency’s role within regulated financial markets and signals increased interest from politically influential entities.
Bitcoin continues to trade above $108,000, with Ethereum hovering near $3,350. Both assets have demonstrated relative stability over the past week, reinforcing broader market resilience despite geopolitical and regulatory headwinds.
This ETF filing comes at a time when institutional demand for regulated crypto exposure is at an all-time high. If approved, the Truth Social Bitcoin and Ethereum ETF would further validate the trend of mainstream political and media players entering the digital asset space.
The move could also help close the perception gap between cryptocurrency and traditional finance, especially if promoted across Truth Social’s wide user base. With the 2024 presidential election aftermath still fresh and crypto policy in the spotlight, the involvement of a Trump-affiliated entity could influence public sentiment and policymaking discussions alike.Key Takeaways:
As the ETF moves through the SEC’s review process, all eyes will be on how regulators respond—and whether this marks a new frontier in U.S. crypto policy and media-fueled adoption.
July 2025, Cryptoniteuae