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Truth Social, associated with Trump, submits filings for Bitcoin, Ethereum, and CRO Staking ETFs.
Trump Media and Technology Group is intensifying its efforts in the digital asset space by submitting applications for two new cryptocurrency exchange-traded funds associated with Bitcoin, Ether, and the Cronos ecosystem.
Key Takeaways:
- Trump Media has filed for two crypto ETFs that track Bitcoin, Ether, and the Cronos token.
- The Cronos fund will feature staking rewards, with Crypto.com offering custody and related services.
- This initiative strengthens the connection between US politics and the expanding crypto investment landscape.
Truth Social Funds, the ETF division of the entity behind the Truth Social platform, filed applications on Friday for the “Truth Social Bitcoin and Ether ETF” and the “Truth Social Cronos Yield Maximizer ETF.”
These filings represent a further development in the increasing intersection of US politics and the cryptocurrency investment sector.
Truth Social ETFs Focus on Bitcoin, Ether, and CRO With Staking Rewards
The proposed Bitcoin and Ether ETF aims to track the performance of the two leading cryptocurrencies, reportedly utilizing a Bitcoin-weighted allocation.
Conversely, the Cronos product will offer exposure to CRO, the native token of the Crypto.com-associated Cronos blockchain, while also providing staking rewards for investors.
Crypto.com is collaborating with Trump Media on these products and is anticipated to deliver custody, liquidity, and staking services.
CEO Kris Marszalek stated that the company endorses the funds and intends to facilitate trading access once they are launched.
Let me clarify: Truth Social today filed for “Truth Social Cronos Yield Maximizer ETF” and the “Truth Social Bitcoin and Ether ETF”… this is IN ADDITION to the spot bitcoin ETF they filed for last June as well as a crypto blue chip basket ETFs, which I would think should… https://t.co/Sn6XUyqmq6
— Eric Balchunas (@EricBalchunas) February 13, 2026
The recent filings follow a prior agreement between the companies to launch crypto investment products and continue a broader strategy by Trump Media to establish a foothold in digital finance.
The company had previously sought approval for an independent Bitcoin ETF and a multi-asset crypto fund that encompassed several significant tokens.
The ETF market is becoming increasingly competitive. Asset managers like BlackRock, Fidelity, and Grayscale already manage widely traded Bitcoin investment vehicles, providing investors with indirect exposure to crypto without the need to hold tokens directly.
Trump Media has also expressed interest in incorporating blockchain technology beyond ETFs.
The company recently announced plans to distribute a new digital token to shareholders on the Cronos network and has previously revealed intentions for a corporate crypto treasury involving CRO.
This expansion has attracted political scrutiny, with critics contending that the president’s business activities could lead to conflicts of interest, especially as regulatory decisions regarding digital assets are discussed in Washington.
Last year, Trump Media also disclosed a partnership with Crypto.com to introduce prediction markets to the social media platform, positioning it as the first publicly traded social media company to adopt such technology.
Bitcoin Loses 25,000 Millionaire Addresses Under Trump
As reported, Bitcoin has lost approximately 25,000 millionaire addresses in the year since Donald Trump returned to the White House, despite a shift in US policy towards a more crypto-friendly approach.
Blockchain data indicates that the number of addresses holding at least $1 million in BTC has decreased by about 16% year over year, suggesting that regulatory optimism has not resulted in sustained growth in on-chain wealth.
The decline was less pronounced among the largest holders. Addresses with more than $10 million in Bitcoin fell by around 12.5%, indicating that top-tier investors were better equipped to endure price fluctuations, while wallets near the millionaire threshold were more vulnerable to market volatility.
A significant portion of the increase in Bitcoin millionaire addresses occurred prior to Trump taking office, driven by a late-2024 rally fueled by election-related optimism and expectations of deregulation.
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