U.S. President Donald Trump’s Media & Technology Group has submitted an S-1 registration statement to the SEC for a new ETF tracking top crypto assets.
The Truth Social Crypto Blue Chip ETF will include Bitcoin, Ethereum, Solana, Cronos, and XRP in specific percentages.
The fund, in collaboration with Yorkville America Digital, seeks to mirror the crypto assets' performance and will be custodied by Crypto.com's Foris DAX Trust Company.
The ETF's shares are planned to be listed on the NYSE Arca, and further regulatory steps are required before it can commence trading.