Trump Media and Technology Group (TMTG) has announced its intention to launch a series of exchange-traded funds (ETFs) and separately managed accounts (SMAs) connected to its Truth Social platform, with a focus on Bitcoin-related investment strategies. The filing, made on February 6, includes trademarks for several products such as the Truth.Fi Bitcoin Plus ETF and the Truth.Fi US Energy Independence ETF, indicating a broad strategy to attract investors interested in American energy, manufacturing, and Bitcoin adoption. TMTG CEO Devin Nunes emphasized that the funds aim to provide an alternative to what he described as ‘woke funds’ and address issues like debanking in current markets. The initiative plans to raise an initial investment of up to $250 million, to be managed by Charles Schwab and advised by New Jersey-based Yorkville Advisors. Founded in 2021 and majority-owned by former President Donald Trump, TMTG went public in March 2024 and is currently listed on the Nasdaq.

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