Trump Media files for spot Bitcoin ETF approval from SEC
Trump Media & Technology Group filed an S-1 registration form with the US regulator to launch the Truth Social Bitcoin ETF.
Trump Media and Technology Group, the company majority-owned by US President Donald Trump that runs his Truth Social media platform, filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF).
TMTG filed an initial registration statement on Form S-1 for its Truth Social Bitcoin (BTC) ETF on June 5, according to an announcement by the company. The filing reads:
The filing comes after stock exchange NYSE Arca submitted a proposal to the SEC to list the Truth Social Bitcoin ETF on behalf of crypto asset manager Yorkville America Digital, a partner of TMTG, the owner of Truth Social.