Trump's Truth Social Files Two New Crypto ETFs - Including One For Crypto.com's CRO Token

Trump's Truth Social Files Two New Crypto ETFs - Including One For Crypto.com's CRO Token

Trump Media and Technology Group has filed registration statements with the SEC for two new cryptocurrency exchange-traded funds - a Bitcoin (BTC) and Ethereum (ETH) ETF with staking rewards, and a Cronos Yield Maximizer ETF built around Crypto.com's native token.

The proposals add to at least three earlier Truth Social ETF filings that remain pending after repeated SEC delays throughout 2025.

What Was Filed

The Bitcoin and Ether ETF would hold both assets and generate additional yield through ether staking.

The Cronos fund would track CRO, the native cryptocurrency of the Cronos blockchain operated by Crypto.com.

Crypto.com would serve as custodian, liquidity provider, and staking services operator for both funds, according to the filing.

Yorkville America Equities would act as investment adviser, and shares would be available through Crypto.com's broker-dealer arm, Foris Capital US.

Both funds carry a proposed management fee of 0.95%.

Read also: Bitcoin MVRV Ratio Drops to Levels Not Seen Since the $23K Era - What Comes Next?

The Backstory

Truth Social first filed for a standalone Bitcoin ETF in June 2025, followed by a combined BTC-ETH fund the same month and a "Crypto Blue Chip" ETF in July 2025 that would allocate 70% to Bitcoin, 15% to ether, 8% to Solana, 5% to CRO, and 2% to XRP.

The SEC has delayed its decision on each of those filings multiple times, most recently pushing the BTC-ETH ETF deadline to October 2025. None of the earlier proposals have been approved.

The persistent inclusion of CRO - a mid-cap token with limited ETF precedent - is notable given TMTG's deepening commercial relationship with Crypto.com.

The exchange already supports Trump Media's Bitcoin treasury initiative and is involved in a joint prediction market venture.

The Conflict Question

The filings raise familiar governance questions about a sitting president's media company seeking SEC approval for financial products.

At least one public comment letter on the earlier BTC-ETH proposal urged the SEC to deny it, citing concerns that approval could erode public confidence in the agency given Trump's personal cryptocurrency ventures, including the TRUMP memecoin and the World Liberty Financial DeFi project.

The SEC has not publicly addressed those concerns.

The agency's timeline for reviewing the new filings has not been disclosed.

Read next: Ethereum Foundation Loses Another Leader As Tomasz Stańczak Steps Down After Less Than A Year

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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