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Trump-Linked Truth Social Files for Crypto ‘Blue Chip’ ETF

Trump-Linked Truth Social Files for Crypto ‘Blue Chip’ ETF

Truth Social, the media platform founded by U.S. President Donald Trump, has entered the crypto investment arena with a new ETF filing focused on top digital assets.

According to Bloomberg ETF analyst Eric Balchunas, the company has submitted an application with the U.S. Securities and Exchange Commission for a product called the “Truth Social Crypto Blue Chip ETF.”

The proposed fund would offer exposure to a curated basket of leading cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cronos (CRO).

Initial allocation plans suggest a heavy weighting toward Bitcoin, which would make up 70% of the fund’s portfolio. Ethereum follows with 15%, while Solana, Cronos, and XRP round out the basket with 8%, 5%, and 2% respectively.

If approved, the ETF would mark a significant move into crypto by a high-profile media company and could signal broader mainstream ambitions tied to the Truth Social brand.

Author

Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

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