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Truth Social fund firm Yorkville America plans acquisition, more ETF launches

The firm plans another dozen ETF launches as it expands beyond Truth Social-branded funds, CEO Steve Neamtz said.

Summary by WTVB
By Suzanne McGee PROVIDENCE, Rhode Island, Aug 31 (Reuters) - Yorkville America, the asset manager behind President Donald Trump's Truth Social exchange-traded funds, is close to completing an acquisition aimed at broadening its product range, the firm...

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Yorkville America launched the FRUT Artificial Intelligence ETF after Truth Social withdrew its Bitcoin, Ethereum and Cronos-based fund applications. The movement reopens the competition debate in crypted ETFs and reflects the growing stock market appeal of AI infrastructure.

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WTVB broke the news on Monday, August 31, 2026.
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