President Trump’s Truth Social, the affiliated social media platform of Trump Media & Technology Group, has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a new cryptocurrency exchange-traded fund (ETF) called the Truth Social Crypto Blue Chip ETF.

According to the preliminary prospectus, the ETF will be a passive investment vehicle designed to reflect the performance of a select basket of digital assets. The portfolio will primarily consist of Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cronos (CRO), and Ripple (XRP), with the initial allocation expected to be approximately 70% BTC, 15% ETH, 8% SOL, 5% CRO, and 2% XRP. These assets will be held by Foris DAX Trust Company, the designated digital asset custodian.

The ETF is sponsored by Yorkville America Digital, LLC and is structured as a Nevada business trust. The Trust will issue beneficial interests (“Shares”) in its net assets and seeks to generally track the performance of its portfolio assets, before expenses and liabilities. The Trust will not be registered as an investment company under the Investment Company Act of 1940, and its sponsor is not registered as an investment adviser. It also does not qualify as a commodity pool under the U.S. Commodity Exchange Act and is therefore not subject to regulation by the Commodity Futures Trading Commission (CFTC).

Any changes to the ETF’s allocation ratio will require an amendment to the Trust Agreement and must comply with applicable laws and regulatory approvals. Shareholders will be notified through a prospectus supplement, periodic SEC filings, or via the Trust's website.

Truth Social had previously filed for a spot Bitcoin ETF in June, followed by a Bitcoin and Ethereum combination ETF. This latest filing is part of a broader initiative launched earlier this year when Trump Media signed a binding agreement with Crypto.com and Yorkville America Digital to create a series of “Made in America” ETFs, combining digital assets and U.S.-focused securities.

The ETF shares are intended to be listed on the New York Stock Exchange Arca, pending regulatory approval.

This move comes amid a surge in crypto-related ETF applications from major asset managers, including Bitwise, Grayscale, Franklin Templeton, and REX Shares, who are seeking approval for spot ETFs involving assets like XRP, Solana, Dogecoin, Cardano, Avalanche, Hedera, Litecoin, and Polkadot.

The filing reflects a shifting regulatory environment under the pro-crypto Trump administration, which is expected to take a more favorable stance toward digital asset innovation compared to the previous administration.

The licensor of the ETF is Trump Media & Technology Group Corp., further reinforcing the company’s ambitions to expand into financial products and capitalize on the growing momentum in the digital asset space.