Truth Social, the platform owned by Trump Media & Technology Group and closely associated with Donald Trump, is expanding its footprint in digital assets. The company has filed registration documents with the U.S. Securities and Exchange Commission (SEC) seeking approval to launch two new cryptocurrency exchange-traded funds (ETFs).
The move signals a deeper push into the rapidly evolving crypto investment market.
What Are the Proposed ETFs?
The filings were submitted by Yorkville America Equities, the asset manager behind Truth Social–branded ETFs.
The two proposed funds include:
1. Truth Social Bitcoin and Ether ETF
This fund would provide investors exposure to the two largest cryptocurrencies by market capitalization —
- Bitcoin (BTC)
- Ethereum (ETH)
The ETF would track price movements of both digital assets, offering traditional investors a regulated way to gain crypto exposure without directly holding tokens.
2. Truth Social Cronos Yield Maximizer ETF
The second proposal is more specialized. It would invest in and stake:
- Cronos (CRO), the native token of the Cronos blockchain.
Unlike typical spot ETFs, this product would aim to generate yield by earning staking rewards — income generated by helping secure proof-of-stake blockchain networks.
Partnership With Crypto.com
If approved, both ETFs would launch in partnership with Crypto.com.
Under the proposal:
- Crypto.com would serve as the digital asset custodian
- It would provide liquidity services
- It would handle staking operations for the Cronos-focused ETF
Distribution would take place through Foris Capital US LLC, a broker-dealer affiliated with Crypto.com.
Why the Cronos ETF Stands Out
The Cronos Yield Maximizer ETF is notable because it incorporates staking — a feature not commonly included in U.S.-based crypto ETFs.
Most currently available products are passive spot ETFs focused only on price exposure. A staking-enabled ETF could potentially offer:
- Price appreciation
- Yield generation
- Broader appeal to income-seeking investors
However, staking components may face additional regulatory scrutiny from the SEC.
Political and Regulatory Context
Truth Social first signaled crypto ambitions in 2025 with a spot Bitcoin ETF filing, followed by a “Blue Chip Digital Asset ETF” proposal targeting major altcoins. Neither product has launched yet.
The filings come amid ongoing debate in Washington over crypto regulation, including discussions surrounding digital asset market structure legislation.
Because of former President Trump’s ownership ties to the parent company, critics argue there could be political complications tied to regulatory approvals. Supporters, however, view the move as part of a broader push to mainstream crypto investment products in the U.S.
What Happens Next?
Both ETFs remain subject to SEC approval. The review process can take months and may involve amendments, public comments, or additional disclosures.
If approved, these funds could mark one of the most politically branded entries into the U.S. crypto ETF market to date — blending media, politics, and digital finance in a single investment product.