Trump Media, the company owned by U.S. President Donald Trump, has filed for a Truth Social Crypto Blue Chip exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The ETF is the first of its kind, as it will be composed of five highly market-capped cryptocurrencies.
Notably, this comes after the U.S. financial agency acknowledged Trump Media’s application for a spot Bitcoin (BTC) and Ethereum (ETH) ETF.
Trump Media’s Crypto Blue Chip ETF
According to reports, Trump Media’s Crypto Blue Chip ETF will hold Bitcoin, Ether, Solana (SOL), Cronos (CRO), and Ripple (XRP) directly. 70% of its assets would be invested in BTC, while 15% would be in Ether. SOL would cover 8%, while CRO and XRP would account for 5% and 2% of the Blue Chip ETF shares.
This new investment fund would be a suitable product for traders and investors seeking to gain exposure to the five aforementioned cryptocurrencies, as the Blue Chip ETF would track their prices. Crypto exchange Crypto.com will act as the ETF’s exclusive digital asset custodian and prime execution agent, as well as a staking and liquidity provider.
The Truth Social Crypto Blue Chip ETF awaits engagement and SEC approval of its Registration Statement and Form 19b-4 filing. Once approved, it will be listed on the U.S. ETF exchange, NYSE Arca, while Yorkville America Digital will serve as the fund’s sponsor.
Is Speedy Approval Possible?
Following the dismissal of former U.S. SEC Chairman Gary Gensler and the appointment of Mark Uyeda, the financial watchdog has demonstrated support for crypto investment funds in various ways, including acknowledging applications and providing comments. As a result, many asset managers have continued to flood the SEC desk with more filings.
Recently, the SEC approved a spot SOL staking ETF to enter the U.S. market, despite having turned down a similar offer a few months ago. The REX-Osprey SOL + Staking ETF made its debut on July 2, 2025, and has amassed over $20 million in just two active trading days.
Additionally, the financial agency has revealed plans to expedite the listing of crypto ETFs. Upon implementation, many pending applications, including Trump Media’s Truth Social Crypto Blue Chip ETF, could easily receive a green light from the SEC.
Meanwhile, the already trading Bitcoin and Ether ETFs have begun the new quarter on a positive note, recording over $1 billion in inflows.
