- Truth Social applies for Bitcoin and Ethereum spot ETFs with Yorkville and Crypto.com.
- Application’s impact on BTC and ETH pending SEC approval.
- Previous spot ETF filings influence investor interest and market volatility.
Truth Social, operated by Trump Media & Technology Group Corp., submitted applications for Bitcoin and Ethereum spot ETFs on June 16, 2025.
The move by Truth Social could influence Bitcoin and Ethereum markets, pending SEC review. Market reactions remain speculative.
Truth Social’s Bold Move with ETF Proposals
Truth Social submitted applications for Bitcoin and Ethereum spot ETFs, seeking to allocate 75% of assets in Bitcoin and 25% in Ethereum. The proposed ETFs aim to list shares on NYSE Arca, pending SEC approval. “Trump Media & Technology Group Corp., operated by Truth Social, partners with Yorkville America Digital,” confirmed the official filing. Yorkville acts as asset manager, with Crypto.com as exclusive custodian.
“The application could impact BTC and ETH specifically, given the ETF’s direct allocation,” a source notes, highlighting the potential market effects stemming from the ETF filing. However, without official financial projections, the precise impact on market value remains undetermined.
No public statements from Donald Trump or other executives of Trump Media & Technology Group have been issued regarding this announcement. Read about how the SEC review process could extend into early 2026, indicating the importance of patience for investors.
Bitcoin and Ethereum Markets Brace for Possible Ripple Effects
Did you know? Previous Bitcoin spot ETF approvals in the US have historically led to increased investor interest and substantial institutional inflows, affecting short-term market dynamics.
Bitcoin (BTC) traded at $106,669.57 on June 16, 2025, with a market cap of $2.12 trillion (CoinMarketCap). Its 24-hour volume was reported at $43.07 billion, reflecting a 1.15% increase over the past 24 hours. The cryptocurrency observed a 26.09% gain over 60 days.
Insights from the Coincu research team suggest the ETF could lead to institutional adoption similar to past events, provided regulatory hurdles are cleared. Historical trends indicate surges in both volume and price following ETF approvals, highlighting the importance of regulatory pathways for market progression.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/343589-truth-social-bitcoin-ethereum-etfs/