The proposed acquisition, which has been approved by Truth Social trustees, is the second transaction of its kind announced by Yorkville in less than a month to scoop up a fund with an investment thesis aligned with Trump’s policies. In late January, the firm said it had reached an agreement to acquire the God Bless America ETF, another ETF that emphasizes what it describes on its website as patriotic investing.
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On 19 February 2026, 09:45 PM IST
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The transaction will enable Yorkville to “expand its values-aligned product suite while leveraging an established fund with an established investor base and track record,” it said in a statement.
These two transactions will give the Truth Social ETF franchise a major boost in assets. The five newly launched Truth Social ETFs have less than $50 million in assets, while the God Bless America transaction will add about $101 million. The America First ETF deal will bring in another $32 million.
Both transactions are expected to close in the second quarter of 2026, the company said.
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