The post Trump-Backed Truth Social Files Bold Bid for Dual Bitcoin-Ethereum ETF on NYSE Arca appeared on BitcoinEthereumNews.com.

Key Takeaways: Trump’s Truth Social has officially filed with the SEC to launch a dual Bitcoin and Ethereum ETF. The ETF, sponsored by Yorkville America Digital and backed by Crypto.com, will start with a 3:1 Bitcoin-to-Ethereum ratio. If approved, the ETF will trade on NYSE Arca and join a growing list of crypto ETFs entering the U.S. market. In a bold move that could reshape how retail investors access digital assets, Truth Social, the media platform backed by former President Donald Trump, has filed a registration with the U.S. Securities and Exchange Commission (SEC) to launch a dual Bitcoin and Ethereum ETF. The filing was confirmed on June 16 via Form S-1, marking the company’s second foray into crypto-based financial products. This proposed exchange-traded fund (ETF) seeks to simplify exposure to Bitcoin (BTC) and Ethereum (ETH), the two most valuable cryptocurrencies by market cap. It’s the latest in a wave of crypto ETF initiatives following the SEC’s recent openness to spot digital asset funds. Read More: Bitcoin ETF Filing From Trump-Linked Firm Would Shake Up $130 Billion Market Truth Social’s Strategic Move into Crypto Finance Truth Social’s parent company, Trump Media & Technology Group (TMTG), is taking clear steps toward integrating financial products into its broader strategy. Just weeks after receiving approval for a $2.3 billion Bitcoin treasury registration, the company is now aiming for the dual-asset ETF space, a niche previously untouched by retail-friendly Trump-affiliated ventures. Unlike the previous filing focused solely on Bitcoin, this new product—Truth Social Bitcoin and Ethereum ETF—will hold both BTC and ETH. According to the prospectus, it will launch with a 3-to-1 ratio in favor of Bitcoin, giving investors a weighted entry point aligned with current market dominance but maintaining significant Ethereum exposure. Read More: Trump’s $2.5B Bitcoin Move Ignites Market Buzz: BTC Bull…

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Filed under: News - @ June 17, 2025 7:20 am