BREAKING: NYSE Arca Files for Game-Changing Truth Social ETF – 75% Bitcoin, 25% Ethereum
Wall Street meets crypto—again. NYSE Arca just dropped a bombshell SEC filing for a Truth Social-branded ETF with a 75% Bitcoin and 25% Ethereum allocation. Because what’s a 2025 financial product without a meme-stock cameo?
The Crypto-Political Mashup Nobody Saw Coming
The proposed ETF reads like a fever dream: heavy Bitcoin exposure, Ethereum as a sidekick, and the Trump-linked Truth Social platform slapped on for brand recognition. It’s either a masterstroke or a regulatory Hail Mary—depending on which hedge fund manager you ask.
Why This ETF Could Actually Matter
Forget the branding circus. A 75/25 BTC/ETH split targets crypto’s two heaviest hitters, bypassing altcoin baggage. If approved, it’d be the first ETF to bundle Bitcoin’s dominance with Ethereum’s smart contract clout. Cue the institutional money printers.
The Punchline?
Wall Street’s latest ‘innovation’ is repackaging crypto volatility with a side of political theater. At least the 0.75% management fee will be… wait for it… *truthful*.
Truth Social Bitcoin ETF Faces SEC Scrutiny and Crypto Split Risks
The Truth Social Bitcoin ETF represents the second filing from Trump Media ETG in less than a month. TMTG, which is majority-owned by President Donald Trump, has accelerated its Bitcoin ETH allocation strategy through regulated investment vehicles. This crypto ETF approval filing follows the Bitcoin-only Trump BTC ETF that was submitted in early June.
Crypto.com Partnership Manages ETF Operations
TMTG and Yorkville America have partnered with Crypto.com to manage the Truth Social bitcoin ETF infrastructure. Crypto.com will provide digital asset custody, execution services, and also liquidity operations for the fund.
NYSE Arca stated in the SEC filing:
The proposal follows the SEC’s 19b-4 rule change process for new financial products. This NYSE Arca SEC filing represents a key regulatory milestone for the TRUMP BTC ETF, though approval isn’t guaranteed at this time.
Political Support Shifts Crypto ETF Approval Landscape
The SEC’s crypto stance has evolved under Trump’s administration, with appointees who are sympathetic to crypto market development. Trump Media ETG benefits from this shifting regulatory environment for its Bitcoin ETH allocation strategy right now.
President Trump has transformed from cryptocurrency critic to supporter, calling digital assets instruments of “financial freedom” during recent appearances. This political support strengthens the crypto ETF approval prospects for the Trump BTC ETF at the time of writing.
TMTG plans additional “America First” products including the America First Bitcoin Fund and also the America First Blockchain Leaders Fund. However, only the Truth Social Bitcoin ETF and the dual Bitcoin-Ethereum ETF have formal SEC filings.
