Blue chip encryption ETF tracks the truth social files of BTC, ETH, SOL, CRO, XRP



The Truth Society of Trump Media has filed an S-1 registration with the Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) to track crypto assets on multiple blue-chip sets.

according to In Tuesday’s filing, the “Truth Society Crypto Blue Chip ETF” will track the performance of a basket of top crypto assets, including Bitcoin (BTC), ether (ethereth), solana (sol), cronos(Crow) and xrp(XRP).

The preliminary prospectus states that the ETF allocates 70% of its holdings to BTC, 15% to ETH, 8% to SOL, 5% to CRO, and 2% to XRP. The custodian will hold the basic assets and any changes to the allocation ratio will require modifications to the agreement and regulatory approval.

The investment vehicle is a structure of the Nevada Business Trust and sponsored by Yorkville American Digital.