Truth Social, linked to former President Trump, has filed for the 'Truth Social Crypto Blue Chip ETF.'
The ETF application includes cryptocurrencies like Bitcoin, Ethereum, Solana, XRP, and Cronos in its proposed portfolio.
The initial allocation plans indicate a heavy weighting towards Bitcoin at 70%, followed by Ethereum at 15%, Solana at 8%, Cronos at 5%, and XRP at 2%.
If approved, the ETF entry into crypto by a prominent media company like Truth Social could signal broader mainstream intentions tied to the brand.