Truth Social Submits Bitcoin, Ethereum ETF Application to SEC
The post Truth Social Submits Bitcoin, Ethereum ETF Application to SEC appeared on BitcoinEthereumNews.com. Key Points: Truth Social applies for Bitcoin and Ethereum ETF with SEC. ETF holds 75% BTC and 25% ETH. Could alter US asset allocation once approved. Truth Social, operated by Trump Media & Technology Group, has submitted an application to the U.S. Securities and Exchange Commission for a Bitcoin and Ethereum ETF. The filing may influence financial markets by shifting institutional allocations toward these cryptocurrencies upon approval and listing. Truth Social Pursues Dual Crypto ETF Approval Truth Social, under Trump Media & Technology Group, filed an application with the U.S. SEC on June 16, 2025, for a Bitcoin and Ethereum ETF. Yorkville America Digital sponsors the ETF, while Crypto.com provides custody and execution services. The ETF structure involves a 75% holding in Bitcoin and 25% in Ethereum, rebalancing quarterly. This move could lead to increased institutional interest in hybrid digital assets, signaling shifts in BTC and ETH market positions. Donald J. Trump, Founder and Controlling Shareholder, Trump Media & Technology Group Corp., said: “Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today the filing with the U.S. Securities and Exchange Commission of the initial registration statement on Form S-1 for the Truth Social Bitcoin and Ethereum ETF, B.T.” Bitcoin and Ethereum Prices Amid ETF News Did you know? The proposed Truth Social ETF represents the first combined Bitcoin and Ethereum asset offering in the U.S., potentially increasing correlated inflows for these leading digital currencies. As of July 7, 2025, Bitcoin (BTC) trades at $108,249.50 with a total market capitalization of $2.15 trillion, reflecting a market dominance of 64.47%. In the past 90 days, BTC witnessed a 41.69% increase in its price. Recent 24-hour trading volume was reported at $45.39 billion,…
The post Truth Social Submits Bitcoin, Ethereum ETF Application to SEC appeared on BitcoinEthereumNews.com.
Key Points: Truth Social applies for Bitcoin and Ethereum ETF with SEC. ETF holds 75% BTC and 25% ETH. Could alter US asset allocation once approved. Truth Social, operated by Trump Media & Technology Group, has submitted an application to the U.S. Securities and Exchange Commission for a Bitcoin and Ethereum ETF. The filing may influence financial markets by shifting institutional allocations toward these cryptocurrencies upon approval and listing. Truth Social Pursues Dual Crypto ETF Approval Truth Social, under Trump Media & Technology Group, filed an application with the U.S. SEC on June 16, 2025, for a Bitcoin and Ethereum ETF. Yorkville America Digital sponsors the ETF, while Crypto.com provides custody and execution services. The ETF structure involves a 75% holding in Bitcoin and 25% in Ethereum, rebalancing quarterly. This move could lead to increased institutional interest in hybrid digital assets, signaling shifts in BTC and ETH market positions. Donald J. Trump, Founder and Controlling Shareholder, Trump Media & Technology Group Corp., said: “Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today the filing with the U.S. Securities and Exchange Commission of the initial registration statement on Form S-1 for the Truth Social Bitcoin and Ethereum ETF, B.T.” Bitcoin and Ethereum Prices Amid ETF News Did you know? The proposed Truth Social ETF represents the first combined Bitcoin and Ethereum asset offering in the U.S., potentially increasing correlated inflows for these leading digital currencies. As of July 7, 2025, Bitcoin (BTC) trades at $108,249.50 with a total market capitalization of $2.15 trillion, reflecting a market dominance of 64.47%. In the past 90 days, BTC witnessed a 41.69% increase in its price. Recent 24-hour trading volume was reported at $45.39 billion,…
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