Share this article

Donald Trump's Truth Social Files for Dual Bitcoin and Ether ETF

The move follows registration for a standalone Truth Social bitcoin ETF earlier this month.

Jun 16, 2025, 1:55 p.m.
Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)
Donald Trump speaks at the Bitcoin Conference in Nashville, where h. (Danny Nelson/CoinDesk)

What to know:

  • Trump Media and Technology Group filed an S-1 with the SEC to launch a spot Bitcoin and Ethereum ETF, allocating 75% to bitcoin and 25% to ether.
  • Crypto.com will serve as the ETF’s custodian and liquidity provider.
  • The move aligns with the Trump family's crypto interests as World Liberty Financial is heavily focused on Ethereum.

Trump Media and Technology Group (DJT) has filed to list a Truth Social Bitcoin and Ethereum exchange traded fund (ETF) on Monday.

The ETF will hold bitcoin and ether directly with 75% of capital being allocated to bitcoin and the remaining 25% to ether, according to a filing with the Securities and Exchange Commission (SEC).

STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines

Singapore-based exchange Crypto.com will act as the ETF's custodian as well as taking and liquidity provider. Trump Media and Technology Group signaled its intent of issuing an ETF earlier this month as it made a standalone registration for a spot bitcoin ETF.

The inclusion of ether is in-keeping with the Trump family's crypto activity; World Liberty Financial, the DeFi project backed by the family, holds 96% of it assets on the Ethereum blockchain, Arkham data shows.

If approved the fund would join a long list of crypto ETFs including those managed by BlackRock, Grayscale, Fidelity and Franklin Templeton. Bitcoin ETFs alone have $131 billion in assets under management.

Read more: Trump’s Truth Social Takes Next Step in Launching Spot Bitcoin ETF

More For You

State of the Blockchain 2025

State of the Blockchain 16:9

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.

What to know:

2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.

This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.

More For You

Coinbase agrees to buy The Clearing Company to deepen prediction markets push

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.

What to know:

  • Coinbase is acquiring The Clearing Company, a startup with experience in prediction markets, to help grow its newly introduced platform.
  • The deal brings in a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
  • The acquisition is part of Coinbase's plan to become an "Everything Exchange", offering a wide range of trading options, including novel cryptocurrencies, perpetual futures contracts, stocks, and prediction markets.