According to online reports, according to the official website of the US SEC, Truth Social submitted an S-1 document application for a cryptocurrency blue-chip ETF. The assets of the Truth Social Crypto Blue Chip ETF Trust mainly include Bitcoin, Ethereum, Solana (SOL), Ripple (XRP) and Cronos (CRO), and are held by the custodian on behalf of the trust. As stipulated in the trust agreement, the percentage of the trust's assets allocated to the assets of the portfolio (allocation ratio) is initially expected to be approximately 70% Bitcoin, 15% Ethereum, 8% SOL, 5% CRO, and 2% XRP. Crypto.com will serve as the exclusive digital asset custodian and main execution agent for the ETF, as well as provide pledge services and liquidity support. The official launch of the ETF still has to wait for the registration statement to be approved by the SEC and the review and approval of the 19b-4 document. Once approved, the fund will be listed and traded on the NYSE Arca Exchange.