The ETF operator behind Trump's Truth Social plans to launch a new ETF that includes exposure to perpetual contracts on OpenAI and Anthropic.

According to Yorkville America CEO Steve Neamtz’s disclosure to Reuters, the asset management firm overseeing U.S. President Donald Trump’s Truth Social ETF is nearing completion of an acquisition deal aimed at expanding its product line. Neamtz joined Yorkville America in December 2025. He noted that the deal will serve as a key cornerstone of Yorkville’s strategic expansion, broadening the firm’s scope beyond its current "America First" themed ETFs managed under the Truth Social brand into more diverse areas. The transaction is expected to close in September. Over the past year or two, Yorkville has been among the few fund issuers to enter the ETF space, opting to launch a broader range of fund products. A key step in Yorkville’s move in this direction is its planned launch of the MANGOS Plus Index ETF on Monday. The fund will list on the New York Stock Exchange (NYSE) and its newly established NYSE Texas segment. This will be Yorkville’s first ETF not managed under the Truth Social brand, targeting a basket of the market’s hottest stocks tied to AI development and implementation. The fund will track an index whose constituents include not only the "MANGOS" companies—Meta, Anthropic, NVIDIA, Google parent Alphabet, OpenAI, and SpaceX—but also other AI-themed stocks, such as Micron and SanDisk. To give investors exposure to the two non-publicly traded companies Anthropic and OpenAI, the fund will use perpetual futures contracts linked to each of the two firms. These derivatives track the underlying asset’s price and have no expiration date. Neamtz stated: "This will be our first product in the digital asset and cryptocurrency product category." Additionally, Yorkville has filed applications to launch around 12 more ETFs in the coming weeks to months, spanning other digital economy-themed funds and macro strategy-based products.