# Truth Social Applies for ETH + BTC ETF

*Author: Bankless*
*Published: Jun 16, 2025*
*Source: https://www.bankless.com/de/read/truth-social-applies-for-eth-btc-etf*

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Truth Social has filed a proposal with the SEC for a Bitcoin and Ethereum ETF as it expands its footprint in the crypto sector.

## **What’s the Scoop?**
- **Dual Asset ETF Filing**: Truth Social's ETF will track both Bitcoin and Ethereum prices, with initial allocations favoring Bitcoin at a 3-to-1 ratio.
- **Custody Provider**: Foris DAX Trust Co. LLC is named as the custodian, continuing its role from past filings by Truth Social.
- **Competition**: Truth Social is the third entity to file for this type of product, following Bitwise and Hashdex.
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