16.06.2025 15:21

Donald Trump's Truth Social, the social media platform he founded, has unexpectedly submitted an application to the Securities and Exchange Commission (SEC) for a groundbreaking exchange-traded fund (ETF). This ETF, a joint venture with Yorkville America Digital, LLC, would uniquely offer investors exposure to both Bitcoin and Ethereum within a single investment vehicle. The news, initially reported via internet sources, has sent ripples through the financial world.


Bloomberg ETF analyst James Seyffart confirmed the filing, highlighting the surprising nature of this move from the former President and his company. This development marks a significant step for both Truth Social and the broader cryptocurrency market, potentially opening up new avenues for investors seeking diversified exposure to digital assets. The ETF aims to simplify access to these leading cryptocurrencies.


While the exact details of the proposed ETF remain somewhat scarce, the application itself represents a considerable commitment from Trump's organization to the future of digital finance. Its success would not only benefit Truth Social but could also influence broader adoption of cryptocurrencies, particularly Bitcoin and Ethereum. Remember, however, that this information is for informational purposes only and does not constitute financial advice.