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Trump's Truth Social applies to launch two cryptocurrency ETFs
Deep Tide TechFlow News, February 14 — According to CoinDesk, the asset management company behind the Truth Social brand, Yorkville America Equities, has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch two cryptocurrency ETF products. These products are the Truth Social Bitcoin and Ethereum ETF and the Truth Social Cronos Yield Maximization ETF. The Cronos Yield Maximization ETF will invest in and stake CRO tokens, aiming to generate additional income through staking rewards. If approved, these ETFs will be launched in partnership with Crypto.com, which will provide custody, liquidity, and staking services, and will distribute through its affiliate, Foris Capital US LLC.