Truth Social Files for Dual Bitcoin, Ethereum ETF

Trump Media & Technology Group's Truth Social has formally filed for a dual Bitcoin and Ethereum ETF with the U.S. Securities and Exchange Commission, seeking to list the fund on NYSE Arca. The proposed ETF would allocate 75% to Bitcoin and 25% to Ethereum, with Crypto.com serving as custodian and liquidity provider. The announcement led to a surge in DJT stock and notable increases in Bitcoin and Ethereum prices, reflecting strong market and institutional interest. This filing marks a significant step in the convergence of traditional finance and digital assets, positioning Truth Social as a competitor to established ETF providers like BlackRock and Fidelity. The move follows Truth Social’s recent $2.3 billion Bitcoin treasury deal, underscoring the platform’s expanding presence in crypto finance. Regulatory approval is still pending, but the ETF could further legitimize cryptocurrency investments for mainstream investors.