Truth Social-linked filings seek SEC approval for Bitcoin, Ether and staking ETFs
A group tied to Trump Media’s Truth Social has filed for SEC approval of new spot crypto ETFs, including a staking-focused product.
A set of filings linked to Truth Social—part of former U.S. President Donald Trump’s business orbit—are seeking U.S. Securities and Exchange Commission approval for new crypto exchange-traded funds. The proposals include a Bitcoin and Ether ETF as well as a staking-focused product connected to Cronos, according to the report.
Why it matters
- ETF proposals are now a primary channel for mainstream exposure to digital assets in regulated markets. Each new filing tests where the SEC’s current lines are—especially around staking and yield.
- The inclusion of staking-oriented exposure highlights the industry’s push to package on-chain returns into familiar investment wrappers, a point regulators have historically scrutinized.
Key questions
- Structure: whether staking yield is passed through to investors, how it is generated, and what risks (slashing, counterparty, smart contract) are disclosed.
- Custody and governance: who controls assets and staking operations, and what happens during network events or outages.
- Timing: SEC feedback cycles can be lengthy; market expectations can change quickly based on broader policy signals.
What’s next
If the SEC engages with these proposals, it may provide additional clarity on how regulators view staking inside fund structures—an area that could influence both Ethereum ecosystem products and other proof-of-stake networks.
Source: CoinDesk