Trump’s Truth Social Makes Bold Move: Files for Crypto Blue Chip ETF in 2025
Truth Social—the controversial social media platform backed by former President Donald Trump—just dropped a bombshell filing for a crypto ETF targeting 'blue-chip' digital assets. Here's why Wall Street's watching.
The Play: A Trump-Branded Crypto Bet
No stranger to volatility (political or financial), Trump’s platform is diving headfirst into the ETF arms race. The filing targets established cryptocurrencies—think Bitcoin, Ethereum—not meme coins. A calculated move or political theater? Both?
Why It Matters
If approved, this would be the first major social media company to launch a crypto ETF. It also signals that Trump’s team sees crypto as a viable—and lucrative—path forward. Cynics note the timing: just as election season heats up.
The Finance Jab
Because nothing says 'stable investment' like mixing Trump-branded volatility with crypto’s wild swings. Hedge funds are already placing bets—on whether this ETF crashes or moons.
What’s in the Fund
The Crypto Blue Chip ETF proposes a mix of five digital assets. Bitcoin would make up the majority at 70 percent, followed by ethereum at 15 percent. Solana, Cronos, and XRP would round out the portfolio with smaller allocations.
The fund would be managed by Yorkville America Digital, and custody services would be handled by Crypto.com’s Foris DAX Trust Company. Investors would get broad exposure to several top crypto assets without needing to buy or manage them individually.
Why Now
This move comes as the SEC has shown more willingness to greenlight crypto-related ETFs. The timing suggests that Trump Media is positioning itself to ride the wave of investor interest that has grown since spot bitcoin ETFs entered the market last year. These new products have opened up crypto exposure to a broader set of investors, and the idea behind this fund is to simplify access to multiple top-performing coins in one place.
A Bigger Push into Crypto
The ETF filing is not a one-off. It fits into a larger strategy by the Trump-linked company to make crypto a bigger part of its overall business. Alongside the ETF filings, the company recently announced plans for a large Bitcoin treasury product and a new fintech platform called Truth.Fi. These developments suggest a clear focus on combining political capital with growing digital asset interest, particularly among retail traders and crypto-aligned voters.
Former President Trump, once skeptical of Bitcoin, has more recently taken a friendlier stance toward the space. Ripple, the company behind XRP, reportedly donated to his inaugural committee. That change in tone has not gone unnoticed by the crypto community or by his critics.
There is Some Pushback
Not everyone is comfortable with the overlap between politics and finance in this case. Critics argue that using political momentum to drive interest in financial products creates potential ethical issues. There are concerns about whether this strategy blends campaign goals with investment promotion in a way that raises questions about fairness and transparency.
What Are the Next Steps?
For the ETF to go live, it will need regulatory approval from the SEC, both for the fund registration and for the exchange listing. If approved, the Crypto Blue Chip ETF WOULD likely be listed on NYSE Arca. That would place it among a growing group of crypto ETFs already gaining traction, though this one would stand out for its political connection and multi-asset design.
Whether the ETF gets the green light or not, it signals something bigger. Crypto is no longer sitting quietly at the edge of politics. It is increasingly becoming a talking point, a campaign topic, and now, a potential investment offering from a former president’s media company. If the SEC signs off, the Truth Social ETF could land on the NYSE and bring crypto investing one step closer to the mainstream.
Key Takeaways
- Trump Media has filed for a Crypto Blue Chip ETF, expanding beyond earlier Bitcoin-only proposals to include Ethereum, Solana, Cronos, and XRP.
- The proposed fund allocates 70% to Bitcoin, 15% to Ethereum, with the rest split across other major tokens, offering broad crypto exposure.
- This move builds on Trump Media’s wider push into crypto, including plans for a Bitcoin treasury product and a fintech platform called Truth.Fi.
- Critics question the ethics of merging political influence with financial products, raising concerns about transparency and investor impact.
- The ETF still needs SEC approval, but its political ties and multi-asset design would make it a unique entry in the growing crypto ETF space.