President Trump’s Truth Social Files for ‘Crypto Blue Chip ETF’
President Donald Trump’s Truth Social has filed an S-1 registration statement with the Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) containing five “blue chip” cryptocurrencies.
Truth Social, an arm of Trump Media & Technology Group, has applied to launch the “Truth Social Crypto Blue Chip ETF” that will “primarily” consist of Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP and Cronos (CRO), according to the filing.
The fund will initially hold about 70% BTC, 15% ETH, 8% SOL, 5% CRO and 2% XRP.
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