The filing of a Bitcoin and Ethereum ETF by Trump’s Truth Social, announced on June 16, 2025, builds on a 2024 trend where spot Bitcoin ETFs grew to $130 billion in assets, with BlackRock’s iShares Bitcoin Trust leading at $69 billion, signaling a rapid institutional embrace of crypto.
This move follows Trump’s March 2025 partnership with Crypto.com and a $2.5 billion Bitcoin treasury plan, reflecting his strategic pivot to cryptocurrency amid a $3 trillion global crypto market, where 7-28% of U.S. adults invest, per PBS News estimates.
Regulatory scrutiny remains a wildcard, as Ethereum ETFs recently saw $1.4 billion in inflows over 19 days despite stable prices, suggesting institutional confidence, though the SEC’s complex oversight could delay or alter Truth Social’s ETF rollout.
