Truth Social Parent Company Seeks SEC Approval for 75/25 Bitcoin-Ethereum ETF

Jimmy Aki
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On July 7, the Securities and Exchange Commission (SEC) confirmed the acceptance of Truth Social’s spot Bitcoin and Ethereum ETF, which was originally filed on June 16, 2025. The July 7 filing disclosed that the dual ETF will be listed on NYSE Arca, allocating 75% to Bitcoin and 25% to Ethereum.

https://twitter.com/nekoztek/status/1942355492631691628?s=46

SEC Takes First Step on Truth Social Dual Crypto ETF

According to the filing, Foris DAX Trust Company, a firm tasked with safeguarding the fund’s crypto reserves, will be the custodian. The company is expected to keep the funds from Bitcoin and Ethereum in separate accounts and the private keys in cold storage. Meanwhile, asset management company Yorkville America Digital will act as the fund’s sponsor.

The SEC’s acknowledgment of the application marks the beginning of a regulated review process, triggering a 45-day public comment window that can extend up to 240 days.

While the filing avoids overt political references, its association with the Truth Social brand makes this ETF a unique case that could test how politics and finance intersect under regulatory scrutiny.

This filing follows NYSE Arca’s Form 19b-4 submission earlier in June, laying groundwork for the ETF’s eventual listing.

Nate Geraci, President of The ETF Store, noted that if approved, the Truth Social ETF could draw interest from politically affiliated investors as well as mainstream participants eager for regulated exposure to Bitcoin and Ethereum.

https://twitter.com/NateGeraci/status/1942200716644295112

Crypto ETFs Evolve Amid Regulatory Shifts and Political Branding

The Truth Social’s filing comes when there is a broader shift in SEC policy.

Under new guidance issued July 7, the SEC clarifies disclosure guidelines, custody expectations, and expedited listing frameworks for crypto ETFs.

This regulatory momentum builds on the January 2024 approval of spot Bitcoin ETFs and the growing investor anticipation around Ether-inclusive products.

More broadly, the ETF race has expanded to include new entrants like the Solana ETF, proposed by VanEck, which reflects mounting institutional interest in altcoin exposure.

This shift aligns with the broader regulatory landscape, particularly after the U.S. SEC approved the rule changes needed to enable Ethereum ETFs, opening the door to more complex crypto-linked products like the proposed Truth Social dual ETF.

Market observers believe Truth Social’s move signals deeper institutional openness to crypto, provided regulatory clarity and compliance frameworks continue to evolve.

As the industry awaits the SEC’s decision, this filing highlights three evolving battlegrounds: integration of politics and finance, regulatory maturity in crypto products, and hybrid financial structures combining digital and traditional assets.

About Jimmy Aki PRO INVESTOR

Based in the UK, Jimmy is an economic researcher with outstanding hands-on and heads-on experience in Macroeconomic finance analysis, forecasting and planning. He has honed his skills having worked cross-continental as a finance analyst, which gives him inter-cultural experience. He currently has a strong passion for regulation and macroeconomic trends as it allows him peek under the global bonnet to see how the world works.