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Trump Media Seeks to Launch ‘Truth Social Bitcoin ETF’

  • On June 5, 2025, Trump Media & Technology Group submitted an initial registration statement to the SEC to introduce the Truth Social Bitcoin exchange-traded fund, which will be available for trading on the NYSE Arca following regulatory approval.
  • This filing follows Yorkville America Digital sponsoring the ETF and reflects Trump Media’s strategy to leverage Bitcoin as a superior store of value amid regulatory uncertainties in crypto markets.
  • Crypto.com will serve as the sole custodian of Bitcoin and act as the lead execution and liquidity provider for the ETF, which will directly hold Bitcoin and issue shares under the ticker symbol B.T.
  • The registration statement’s effectiveness is pending, and approval would position the ETF alongside established funds like BlackRock’s iShares Bitcoin Trust, which manages nearly $70 billion in assets.
  • The ETF’s launch could expand Bitcoin investment options under the Truth Social brand and signals growing mainstream interest despite recent Bitcoin price volatility and market headwinds.
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finanzmarktwelt.de broke the news in on Wednesday, June 4, 2025.
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