In fact, several earlier crypto-themed and “America First” branded ETF proposals remain under regulatory review after facing delays from the U.S. Securities and Exchange Commission in August 2025.
Before unveiling its combined Bitcoin/Ether and Cronos yield products in February 2026, Truth Social Funds had already laid the groundwork for a broader digital asset lineup.
The company’s first major crypto step came in June 2025 with the filing of a spot Bitcoin ETF. That S-1 registration marked the brand’s initial entry into the regulated crypto investment market and signaled an ambition to compete directly in the rapidly growing U.S. spot Bitcoin ETF segment.
A month later, in July 2025, the group filed for the Truth Social Crypto Blue Chip ETF. This proposed fund is structured as a diversified basket of leading digital assets, with a heavy emphasis on Bitcoin. According to the filing, the target allocation includes:
The structure positions Bitcoin as the core holding while offering measured exposure to major altcoins, effectively mirroring the “blue chip” concept used in traditional equity markets.
However, these earlier products have not yet received approval. The SEC delayed decisions in August 2025, placing the filings in a growing queue of crypto ETF proposals undergoing extended review.
Taken together, the spot Bitcoin ETF, the Crypto Blue Chip ETF, and the newly filed Bitcoin/Ether and Cronos yield products reveal a layered strategy.
Instead of focusing on a single flagship fund, Truth Social Funds appears to be building a diversified ETF suite:
This multi-pronged approach suggests the group aims to position itself as a full-spectrum crypto ETF provider rather than a one-product entrant.
The filings come amid heightened attention around Trump-linked crypto ventures, including activity tied to World Liberty Financial, which lists Donald Trump as “Co-Founder Emeritus.” Lawmakers have launched a House investigation into a reported $500 million investment in that venture from a UAE-linked vehicle, adding political sensitivity to the expanding digital asset footprint.
With multiple ETF proposals still pending and new ones entering the pipeline, the SEC’s upcoming decisions will be critical. Approval would cement Truth Social Funds as a serious player in the U.S. crypto ETF space. Continued delays, on the other hand, could slow what has become one of the most politically visible crypto ETF pushes to date.
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