Connect with us

Crypto World

Trump Media Files for Two Crypto ETFs Tied to Bitcoin, Ether, Cronos

Published

on

Crypto Breaking News

Trump Media & Technology Group, via its Truth Social Funds unit, has moved to offer crypto-focused exchange-traded vehicles registered with the U.S. Securities and Exchange Commission. The filings outline a plan to launch two crypto ETFs tied to major digital assets, along with a Cronos-based yield vehicle designed to capture staking income. The actions mark a notable step in a celebrity-backed enterprise expanding into asset management and crypto markets, with the SEC still reviewing the registrations. The funds are to be developed in partnership with Crypto.com, which would provide custody, liquidity, and staking services if regulators approve the products. Yorkville America Equities would act as investment adviser, and investors would access the funds through Foris Capital US LLC, bearing a 0.95% management fee.

Key takeaways

  • The Truth Social Funds propose a Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) ETF designed to mirror the combined performance of the two largest cryptos and include staking rewards for Ether.
  • A third fund, the Truth Social Cronos Yield Maximizer ETF, targets Cronos (CRYPTO: CRO) and would incorporate staking income from the CRO token.
  • The partnerships with Crypto.com and Yorkville America Equities place custody, liquidity, and advisory services at the center of the rollout, contingent on SEC approval.
  • Investors would access the ETFs via Foris Capital US LLC, with a proposed 0.95% management fee on assets under management.
  • Past disclosures show Truth Social’s broader crypto ambitions, including earlier deals to create “Made in America” ETFs and a treasury-pooling arrangement tied to CRO; these efforts set the backdrop for the current filings.
  • The move comes as the crypto ETF landscape has faced mixed flows, with spot Bitcoin ETFs recently experiencing weeks of outflows amid ongoing regulatory scrutiny.

Tickers mentioned: $BTC, $ETH, $CRO

Sentiment: Neutral

Market context: The filings arrive as crypto ETF development continues to unfold against a backdrop of tightening regulation and selective appetite for crypto-linked vehicles. In recent weeks, spot Bitcoin ETFs have posted net outflows, underscoring cautious investor sentiment even as interest in regulated crypto exposure remains intact in other corners of the market.

Why it matters

The new proposals signal a cautious but strategic expansion of a media brand into asset management, seeking to monetize crypto exposure for investors who want regulated access to digital assets. By pairing Bitcoin and Ether with staking considerations, the funds aim to offer both price appreciation potential and income features, a combination that could appeal to investors seeking a balanced crypto allocation within traditional portfolios. The structure—employing Yorkville America as adviser and Crypto.com for custody and liquidity—highlights a model where traditional financial rails intersect with on-chain capabilities, potentially smoothing investor onboarding if approvals come through.

Advertisement

Historically, Trump Media’s crypto ambitions have traversed partnerships beyond simple trading products. Earlier moves included talks around “Made in America” ETFs and a treasury collaboration with Crypto.com to accumulate CRO, signaling a longer-term thesis on aligning the issuer with scalable crypto ecosystems. If the SEC approves the current filings, these products would not only broaden the firm’s product lineup but also test the appetite of mainstream investors for regulated crypto exposure linked to a recognizable brand. The CRO angle, in particular, ties the product suite to Crypto.com’s Cronos chain, a network that has sought broader adoption through staking and DeFi integrations.

Market context matters for framing the potential impact of these filings. While the crypto market has benefited from ongoing institutional attention, regulators remain a decisive gatekeeper. The sector has seen pockets of inflows and outflows depending on regulatory signals, macro risk sentiment, and the perceived robustness of custody solutions. The latest data show spot Bitcoin ETFs experiencing persistent outflows over several weeks, reinforcing the idea that even as regulated vehicles grow, investor caution can persist in periods of policy ambiguity. In this environment, a well-structured product with institutional partners could provide a bridge for investors seeking regulated crypto exposure with a familiar framework.

What to watch next

  • SEC review and potential approval timeline for the Truth Social Funds’ registrations.
  • Regulatory clarity on custody, staking, and ETF structure for crypto assets in the United States.
  • Progress of the Crypto.com custody and liquidity arrangements if approvals are granted.
  • Any updates on the Foris Capital US LLC platform accessibility and investor onboarding processes.
  • Follow-up disclosures on the performance and governance of the two crypto ETFs and the CRO-focused Yield Maximizer ETF once launched.

Sources & verification

  • Truth Social Funds files registration statement for two digital asset ETFs. PR Newswire, which announced the SEC filing.
  • Trump Media inks deal with Crypto.com for Made in America ETFs (historical context). Cointelegraph.
  • Trump Media Company Crypto.com treasury deal (historical context). Cointelegraph.
  • Spot Bitcoin ETF fund flows and outflows data. SoSoValue.

Trump-affiliated funds seek crypto ETF exposure to BTC, ETH and CRO

Trump Media & Technology Group, via its Truth Social Funds arm, has filed with the U.S. Securities and Exchange Commission to launch two crypto-focused exchange-traded funds and a Cronos-based yield vehicle. The proposed Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) ETF would aim to mirror the combined performance of the two largest cryptos by market capitalization while also capturing staking rewards generated by Ether. A Cronos (CRYPTO: CRO) Yield Maximizer ETF would pursue a similar approach for Crypto.com’s native token, including staking income. The filings are not yet effective and remain under SEC review.

The proposals outline a multi-asset strategy designed to provide investors with both capital appreciation and income opportunities within a regulated framework. Yorkville America Equities would serve as investment adviser for both funds, while Crypto.com is positioned to supply custody, liquidity, and staking services should regulators approve the products. Access to the ETFs would be provided through Foris Capital US LLC, and each product is expected to carry a 0.95% management fee.

In a broader sense, the filings reflect an ongoing push by Truth Social’s financial arm to expand beyond its social platform into crypto-market infrastructure. The company has, in the past, pursued partnerships that would blend digital assets with traditional securities, including a set of “Made in America” ETFs and a treasury collaboration with Crypto.com to accumulate CRO—an initial purchase of about 684.4 million CRO valued at roughly $105 million through a mix of stock and cash. The evolution from partnership announcements to formal ETF registrations suggests a disciplined step toward regulated crypto exposure, with the emphasis on custody and staking services designed to address investor risk concerns.

Advertisement

From a market perspective, the timing of these filings aligns with a phase where regulated crypto products remain aspirational for some investors but seem increasingly plausible for others. The sector has experienced churn in flows as liquidity, risk appetite, and regulatory signals shift. The latest spot-Bitcoin ETF data show a streak of net outflows, signaling continued investor caution even as institutions increasingly discuss and consider regulated routes to crypto exposure. As the SEC reviews the Truth Social Funds’ proposals, observers will be watching not only for approval decisions but also for how these products handle custody, staking, and distribution through existing broker-dealer channels.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

Sui Blockchain Secures Institutional Backing as Grayscale Files ETF with Coinbase Custody

Published

on

21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR:

  • Grayscale’s S-1 amendment for Sui ETF with Coinbase custody brings institutional capital access channels. 
  • zkLogin technology eliminates seed phrases by enabling Google, Face ID, and phone authentication methods. 
  • Object-centric architecture processes transactions simultaneously, maintaining sub-cent fees during peak usage. 
  • Move programming language prevents asset duplication and deletion, eliminating common smart contract exploits.

 

The Sui blockchain has entered a new phase of development in February 2026 as institutional finance shows increased interest in the platform.

Grayscale recently amended its S-1 filing for a Sui exchange-traded fund, naming Coinbase as custodian. This development marks a shift from retail-driven speculation toward institutional infrastructure adoption.

The move signals growing recognition of Sui’s technical capabilities and regulatory compliance standards within traditional finance circles.

Institutional Capital Opens New Access Channels

The Grayscale ETF filing represents more than a routine regulatory submission. Exchange-traded funds transform digital tokens into recognized financial instruments accessible to pension funds and retirement accounts.

Advertisement

These institutional investors can now gain exposure without managing wallets or private keys directly. Coinbase’s role as custodian addresses security and compliance requirements that traditional finance demands.

Bitcoin ETFs previously demonstrated how institutional access drives capital inflows at scale. However, Bitcoin had already matured before ETF approval.

Sui remains in earlier development stages, meaning institutional capital entering now carries greater relative impact. Fixed supply dynamics combined with increasing demand create favorable conditions for long-term growth.

The institutional validation extends beyond price speculation. Regulatory recognition attracts enterprise developers and commercial applications.

Advertisement

Projects building on blockchains with clear compliance pathways face fewer legal uncertainties. This regulatory clarity reduces friction for businesses considering blockchain integration.

Capital markets now view Sui as legitimate infrastructure rather than experimental technology. The shift reflects broader industry maturation as crypto moves from speculative trading toward functional utility.

Traditional finance involvement brings stability and resources that support long-term ecosystem development.

Technical Architecture Removes Adoption Barriers

Sui addresses two critical obstacles that have prevented mainstream adoption. The platform eliminates seed phrase requirements through zkLogin technology developed by partners, including Human.tech’s Wallet-as-a-Protocol and Ika.

Advertisement

Users authenticate with Google accounts, Face ID, or phone numbers while maintaining full asset control. Zero-knowledge authentication verifies identity without exposing private keys to third parties.

This onboarding simplification removes the most intimidating aspect of cryptocurrency usage. Traditional wallet setup requires writing down twelve-word phrases and understanding address systems.

Sui reduces this process to familiar login methods users already trust. The technology breakthrough makes blockchain accessible without requiring technical education.

The underlying architecture also delivers performance improvements. Sui employs an object-centric model where assets exist as independent objects rather than account balances.

Advertisement

Tokens, NFTs, and smart contracts process simultaneously instead of sequentially. This parallel execution prevents network congestion even during high-demand periods.

Transaction fees remain under one cent with finality achieved in approximately 400 milliseconds. The Mysticeti consensus upgrade further reduced latency.

Move programming language adds security advantages by treating assets as resources that cannot be copied or accidentally deleted.

This design eliminates common exploit categories, including reentrancy attacks. The combination of usability and technical performance positions Sui for practical application deployment across finance and gaming sectors.

Advertisement

Source link

Continue Reading

Crypto World

Figure Technology Data Breach Exposes Customer Personal Information

Published

on

Figure Technology Data Breach Exposes Customer Personal Information

Figure Technology, a blockchain-based lending firm, was reportedly hit by a data breach after attackers manipulated an employee in a social-engineering scheme.

The incident allowed hackers to obtain “a limited number of files,” a company spokesperson told TechCrunch. The company said it has begun notifying affected parties and is offering free credit-monitoring services to anyone who receives a breach notice.

Details about the scope of the incident, including how many users were affected or when the intrusion was detected, were not disclosed publicly. Cointelegraph reached out to Figure for comment, but had not received a response by publication

The hacking collective ShinyHunters claimed responsibility on its dark-web leak site, alleging the company declined to pay a ransom. The group published roughly 2.5 gigabytes of data said to have been taken from Figure’s systems.

Advertisement
ShinyHunters publishes stolen data. Source: Dominic Alvieri

Related: ‘Hundreds’ of EVM wallets drained in mysterious attack: ZachXBT

Leaked Figure data includes names, addresses

TechCrunch reported that it reviewed samples of the leaked material, which included customers’ full names, home addresses, dates of birth and phone numbers. This information could be used for identity fraud and phishing attempts.

As Cointelegraph reported, crypto phishing attacks linked to wallet drainers dropped sharply in 2025, with total losses falling to $83.85 million, an 83% decline from nearly $494 million in 2024, according to Web3 security firm Scam Sniffer. The number of victims also fell to about 106,000, down 68% year over year across Ethereum Virtual Machine chains.

Researchers said the drop does not mean phishing has disappeared. Losses closely tracked market activity, rising during periods of heavy onchain trading and easing when markets cooled. The third quarter of 2025, during Ethereum’s strongest rally, recorded the highest losses at $31 million, with monthly totals ranging from $2.04 million in December to $12.17 million in August.

Related: Crypto hack counts fall, but supply chain attacks reshape threat landscape

Advertisement

Figure Technology goes public

Figure Technology went public in September last year, listing on the Nasdaq Stock Exchange. The fintech firm, known for its blockchain-based lending, priced its initial public offering (IPO) at $25 per share, raising $787.5 million and achieving an initial valuation of approximately $5.3 billion to $7.6 billion.