On June 16, 2025, Truth Social, the social media platform owned by Trump Media & Technology Group – the media company owned by the family of U.S. President Donald Trump – officially filed for a Bitcoin and Ethereum combined ETF (BTC-ETH ETF) with the U.S. Securities and Exchange Commission (SEC).
According to the filing, Truth Social’s BTC-ETH ETF will allocate 75% of its assets to Bitcoin, with the ability to adjust flexibly in the future depending on market fluctuations. Similar to the Bitcoin ETF announced by Truth Social in early June, the BTC-ETH ETF will be managed by Yorkville America Digital LLC, with Foris DAX Trust Co. LLC serving as the asset custodian.
Truth Social is the third organization to propose a combined Bitcoin and Ethereum ETF, following Bitwise and Hashdex. However, none of these proposals have been approved by the SEC yet.
This is the latest move by the Trump family in the cryptocurrency space. Recently, Trump Media & Technology Group received SEC approval to raise $2.5 billion to invest in Bitcoin. Meanwhile, World Liberty Financial, another branch of the group, has just resolved a legal dispute related to the memecoin TRUMP, gaining the rights to develop an exclusive cryptocurrency wallet branded Trump.
Related: How to Participate in the Trump Wallet Airdrop
To date, the SEC has only approved Bitcoin and Ethereum ETFs and has not expanded to any other altcoins. However, the agency has recently shown a more open attitude towards proposals supporting staking for ETFs and requested additional information from entities applying for Solana ETFs, raising hopes for potential approval of an SOL ETF in the near future.
