By Katherine Hamilton
Truth Social registered two exchange-traded funds with the Securities and Exchange Commission.
The funds are called Truth Social Cronos Yield Maximizer ETF and Truth Social Bitcoin and Ether ETF.
The social media platform, founded by President Trump in 2022 and operated by Trump Media & Technology Group, said Friday that Crypto.com will serve as the digital asset custodian, liquidity provider and staking services provider for the ETFs.
The ETFs will be able to be purchased through Crypto.com's broker-dealer Foris Capital. Both funds will be advised by Florida-based Yorkville America Equities and are expected to carry a management fee of 0.95%.
The Cronos Yield Maximizer ETF is designed to seek investment results corresponding to the performance of the cryptocurrency CRO, which is native to the Cronos ecosystem. The Bitcoin and Ether ETF corresponds with its namesake cryptocurrencies.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
02-13-26 1248ET
