Truth Social Files for Bitcoin and Ethereum ETF on NYSE ArcWhat Investors Need to Know

Truth Social has taken a bold step into the cryptocurrency investment landscape. On June 16, 2025, the company filed an application with the U.S. Securities and Exchange Commission (SEC) seeking approval to launch a spot Bitcoin and Ethereum exchange-traded fund (ETF) on NYSE Arca. 

This initiative underscores the growing interest among traditional businesses in offering regulated access to digital assets, and it signals an important moment for cryptocurrency ETFs in the United States.

Details of the ETF Filing

The proposed Truth Social ETF is designed to hold a diversified allocation of two of the world’s largest cryptocurrencies. According to the filing, the fund will dedicate 75% of its assets to Bitcoin and 25% to Ethereum. 

This allocation reflects the dominant market capitalization and adoption of Bitcoin while acknowledging Ethereum’s substantial role in blockchain development and decentralized finance.

Crypto.com has been named as the exclusive custodian and execution agent for the ETF. This role involves safeguarding the fund’s crypto assets and handling transactions. Yorkville America Digital will support the custody and operational aspects of the ETF. 

These partnerships aim to assure investors of secure, transparent, and compliant management of the underlying assets.

Read also: Ethereum ETFs Attract Major Institutional Capital: Bullish Signal for ETH?

A Strategic Expansion for Truth Social

For Truth Social, best known as a social media platform, this move represents a significant diversification of its business model. 

By entering the crypto ETF space, the company hopes to attract investors seeking regulated exposure to Bitcoin and Ethereum without needing to buy or store the digital assets themselves. 

This approach is seen as an easier, potentially less risky way for both retail and institutional investors to participate in the cryptocurrency market.

Truth Social’s management appears to be betting on its existing user base and brand recognition to build interest in the new financial product. If successful, the ETF could offer a new revenue stream for the platform, supporting its broader expansion plans beyond social media.

Read also: Understand How BTC ETF Works in Detail Here, Don't Just FOMO

Regulatory Landscape and SEC Approval

The SEC has historically taken a cautious stance on cryptocurrency ETFs, often citing concerns over market manipulation, liquidity, and investor protection. 

However, recent approvals of Bitcoin ETFs and a more open dialogue with industry participants suggest that the regulator is willing to consider well-structured proposals.

Truth Social’s application is now subject to a formal review process. The SEC will evaluate its compliance with investor protection rules, operational transparency, and custody arrangements. 

Approval would not only validate Truth Social’s strategy but also signal a growing acceptance of cryptocurrency ETFs in mainstream finance.

Read also: List of Valid Bitcoin (BTC) ETFs – Learn Here Before Invest

Market Implications and Investor Considerations

If the SEC approves this Bitcoin and Ethereum ETF, it could influence broader trends in crypto adoption. 

By listing on NYSE Arca, the ETF would provide around-the-clock trading opportunities, potentially increasing market liquidity and drawing more institutional capital into Bitcoin and Ethereum. 

Such a development could help stabilize crypto markets and expand their role in diversified investment portfolios.

The planned 3-to-1 ratio between Bitcoin and Ethereum in the ETF also highlights a deliberate approach to balancing risk and opportunity. Bitcoin, with its large market cap and established reputation, provides perceived stability. 

Ethereum, known for its smart contract capabilities and role in decentralized finance, offers exposure to emerging blockchain use cases.

Read also: ETFSwap: Redefining the Future of Decentralised ETF Trading

Industry Context and Broader Trends

Truth Social’s application is part of a wider movement within the financial industry. Traditional firms and new entrants alike are exploring cryptocurrency ETFs as a way to meet investor demand while ensuring regulatory compliance. 

This trend reflects the increasing acceptance of digital assets as a legitimate part of the global financial system.

Market analysts note that Bitcoin’s market capitalization hovers around $2.15 trillion, maintaining dominance of approximately 64%, while Ethereum represents about 24%. These figures underline the significance of these assets in any crypto-focused investment strategy.

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Frequently Asked Questions (FAQ)

Is Truth Social making money? 

No, Truth Social is currently losing money. In the first quarter of 2024, its revenue was $770,000, which was less than the same period in 2023, and it reported losses of $327.6 million.

Who owns Truth Social? 

Truth Social is owned by Trump Media & Technology Group Corp. (TMTG), an American media and technology company based in Sarasota, Florida. U.S. President Donald Trump is the majority owner.

What is Trump's strategic crypto reserve? 

The strategic Bitcoin reserve is an asset announced by President Donald Trump in March 2025. It's funded by Bitcoin that was seized by the United States Treasury.

How many users are on Truth Social 2025? 

As of January 2025, Truth Social has 6.3 million active users.

Is Truth Social free? 

Yes, Truth Social is free to use. You can create an account, post content, and interact with others without paying any fees or providing payment information. It's marketed as a free expression platform.

How do I delete my Truth Social account? 

To delete your Truth Social account, go to your settings/preferences in the menu bar, select "Delete Account" at the bottom of the screen, and then enter your current password.