New Cryptocurrency Coin Coming from Truth Social

A new spot bitcoin ETF is likely to be released in the coming months from the Truth Social media company.

Written by: Timothy St. John • Thursday, June 5, 2025 • 2 min read

• Last updated: Thursday, June 5, 2025

A new ETF coin could be coming from Trump's social media company.

Quick overview

Truth Social is entering the cryptocurrency market with a new spot bitcoin ETF, as revealed in a recent SEC filing.
The ETF will be named Truth Social Bitcoin ETF and is backed by financial assets, with a decision from the SEC expected within 240 days.
President Donald Trump's involvement is anticipated to boost the ETF's popularity and acceptance in the market.
Similar ETFs have performed well, suggesting that the Truth Social Bitcoin ETF could achieve significant success upon its release.

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Truth Social is taking its first steps into the cryptocurrency market with a new spot bitcoin ETF, according to new papers filed Thursday with the Securities and Exchange Commission.

Truth Social is gearing up to release a new spot bitcoin ETF.

As Bitcoin (BTC) started to climb back up toward its record high today with a value of $105,915 (BTC/USD), Truth Social is preparing to release a spot bitcoin ETF (exchange-traded fund). This was revealed through a filing the social media company made with the Securities and Exchange Commission (SEC).

Truth Social is a social media company that is majority owned by President Donald Trump. The S-1 document was filed by Yorkville America Digital shortly after they filed the previous 19b-4 document. The S-1 document registers a security that is backed by financial assets. The 19b-4 document is for filing a change in operation or rules by a self-regulatory organization.

Now that these documents are filed, the social media company will have to wait a maximum of 240 days for the SEC to make a decision on the filing.

What Happens If the Coin Is Approved?

At the point that the SEC approves the ETF and it is listed online for sale, the coin will be exchanged under the name Truth Social Bitcoin ETF. There are many spot bitcoin ETFs already available, but this will not be just another such coin. It will have the support of the President of the United States who has already positioned himself as the country’s cryptocurrency President.

He has worked to make Bitcoin and cryptocurrency more widely accepted, pushing forward legislation that would better regulate stablecoins and signing an order to establish a Bitcoin reserve. This coin is not likely to shake up the market, but it could make spot bitcoin ETFs far more popular and more widely known.

These types of coins have done very well for some companies, with BlackRock’s own iShares Bitcoin Trust (IBT) bringing in more than $70 million for the company. Expect the Truth Social Bitcoin ETF to shoot to the top of the ETF charts once it releases.

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ABOUT THE AUTHOR See More

Timothy St. John

Financial Writer - European & US Desks

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.