Ethereum and Bitcoin ETF Plan Moves Ahead with Truth Social Filing

President Trump’s social media firm, Truth Social , has come forward with another big step into the digital currency market. On June 5, Truth Social officially registered a new cryptocurrency investment fund, named as Truth Social Bitcoin and Ethereum ETF , in Nevada, United States. This move marks the company’s first major push into cryptocurrency finance, with assistance from Yorkville America Digital, an organisation known for its digital asset management.

Truth Social’s Nevada Filing

The exchange-traded fund, is now a registered business trust in Nevada under the name “Truth Social Bitcoin and Ethereum ETF.” Public records show it was filed under the entity number E49494922025-3. While the formal application to introduce the ETF has not been submitted to the U.S. SEC yet, this registration depicts a clear objective to launch the digital currency product in the near future.

The ETF will focus on the two biggest cryptocurrencies in the market, Bitcoin (BTC) and Ethereum (ETH) . These two currencies are widely used and well-known, making them attractive options for investors. It’s still unclear whether the ETF will track spot prices, futures contracts, or a combination of both.

NYSE Arca and SEC Filings

Just one day before the Nevada filing, on June 4 , a related application was submitted to the SEC by NYSE Arca, a U.S. stock exchange known for ETF listings. This was done through Form 19b-4 , a required filing to start the SEC approval process. The SEC has up to 240 days to decide whether to approve or reject it. This type of filing also invites public comments before any final decision is made.

Interestingly, in this case, Yorkville submitted the 19b-4 form before filing the usual Form S-1 , which is normally filed first. Yorkville is also expected to manage the Funds and oversee regulatory compliance.

Partnerships with Yorkville and Crypto.com Custodian

Truth Social is not doing this alone. The ETF will be launched in partnership with Yorkville America Digital , which supports “America-first” investment ideas. The cryptocurrencies in the Exchange Traded Funds will be stored safely by Foris DAX Trust Company , a firm that also stores digital assets for Crypto.com .

This isn’t the first time Trump Media has worked with Yorkville and Crypto.com. Back in April 2025, the three groups signed a deal to build U.S.-focused crypto products. This current filing is a direct result of that partnership.

What This Means for the Crypto Market

If the SEC approves these filing, the company will enter a space already filled with big names like BlackRock, Fidelity , Grayscale, and Franklin Templeton . These firms already run their own Bitcoin ETFs. For example, BlackRock’s iShares Bitcoin Trust (IBIT) has collected nearly $70 billion in assets since launching.

The new project from the company could become a serious competitor, especially with Trump’s name tied to it. It could also appeal to more conservative investors who rely on his media brand and look for U.S.-based investment alternatives.

Final Thoughts

Bitcoin and Ethereum ETF by Trump Truth Social depicts how conventional media and politics are combining with crypto finance. While the SEC has not given the green light to the product yet, the filings and collaborations show that this is more than just a publicity stunt.

If successful, this could bring in a new wave of investors, especially those who follow Trump or are looking for simpler ways to invest in Bitcoin and Ethereum. It could also accelerate competition in the evolving crypto products space. It will probably shift the power away from already established Wall Street companies.

For now, all eyes are on the decision by the SEC and how the community responds.