Truth Social, Linked to Trump, Files for SEC Approval of Two New Crypto ETFs

Truth Social, the social media platform associated with former President Donald Trump, has officially submitted applications to the U.S. Securities and Exchange Commission (SEC) for the launch of two cryptocurrency Exchange-Traded Funds (ETFs). This strategic move marks a significant entry of a Trump-aligned entity into the regulated digital asset investment space. The filing seeks regulatory clearance to list and trade these ETFs, which would provide investors with a new avenue to gain exposure to the cryptocurrency market through traditional brokerage accounts. The development underscores the growing institutional interest in crypto assets and highlights the evolving intersection of finance, technology, and politics. Market observers are closely watching the SEC's response, as approval could signal further mainstream adoption and attract a new demographic of investors to the crypto ecosystem.