Truth Social-linked asset manager seeks SEC approval for crypto ETFs tied to Bitcoin, Ethereum and Cronos staking
A Truth Social-linked asset manager has filed for or seeks approval for several crypto ETFs, including products linked to BTC, ETH and Cronos staking.
An asset manager behind investment products linked to the Truth Social brand filed paperwork with the U.S. Securities and Exchange Commission (SEC) for two new crypto exchange-traded funds (ETFs), according to CoinDesk.
### The filings, in brief
CoinDesk reports that Yorkville America Equities is seeking approval for:
- **Truth Social Bitcoin and Ether ETF** — exposure to the two largest crypto assets by market cap.
- **Truth Social Cronos Yield Maximizer ETF** — exposure to **Cronos (CRO)** with an additional feature: **staking** to generate yield.
If approved, the products would be launched in partnership with **Crypto.com**, which would provide custody, liquidity and staking services. Distribution would be handled through **Foris Capital US LLC**, an SEC-registered broker-dealer affiliated with Crypto.com.
### Why the Cronos staking angle is notable
Most crypto ETFs approved to date have focused on **passive spot exposure**. A structure that incorporates **staking rewards** pushes the ETF wrapper toward an “income + price exposure” pitch—while also raising questions regulators have been cautious about (e.g., how staking is implemented, risks, and disclosures).
### The bigger picture
CoinDesk notes Truth Social previously signaled crypto ambitions with earlier ETF filings, but those products have not launched yet. The article also points to the broader U.S. policy backdrop, where crypto market structure legislation remains politically sensitive.
*Source: CoinDesk.*
Source: CoinDesk