Trump-Backed SPAC Files for Bitcoin–Ethereum ETF with 75% BTC, 25% ETH Allocation

Published: 2025-06-25 14:15:24 |

Digital World Acquisition Corp, the SPAC behind Truth Social, filed a 19b-4 proposal for a politically branded Bitcoin–Ethereum ETF. The fund would hold 75% BTC and 25% ETH, charge a 0.50% annual fee, and calculate NAV daily. Crypto.com is named custodian, liquidity provider, and execution agent. Executives cited recent SEC custody clarity as a driver of mainstream crypto ETF demand. If approved, the ETF could launch on major U.S. exchanges by early next year, boosting Bitcoin–Ethereum ETF liquidity and pressuring competitors. Traders should monitor SEC feedback and potential volatility around the approval process.

Bullish

The Bitcoin–Ethereum ETF filing bolsters regulated crypto access, likely attracting institutional and retail capital. Short term, approval news could trigger ETF-related inflows, increasing BTC and ETH trading volumes. Long term, a successful launch would set a precedent for more crypto ETFs, enhancing market maturity and liquidity for both cryptocurrencies.