Yorkville America Digital, LLC has filed an S-1 form with the SEC for the Truth Social Crypto Blue Chip ETF, structured as a Trust not regulated by the SEC or CFTC.
The fund comprises a passive index of Bitcoin, Ethereum, XRP, Solana, and CRO, with specific asset allocations.
The ETF operates with Yorkville America Digital as the sponsor and Foris DAX Trust Company as the custodian, allowing creation and redemption of shares in batches of 10,000.
The ETF, when approved, will be listed on NYSE Arca, but its ticker symbol is yet to be revealed, marking the beginning of its journey in the crypto market.