#binance #hype #zec #near
11/08/25 22:51 UTC-04

Trump Media amends its Bitcoin ETF application to the U.S. SEC

Trump Media, the company behind Truth Social, Truth+, and the fintech brand Truth.Fi, has moved closer to launching its own Bitcoin-based exchange-traded fund (ETF) by submitting an amended application to the U.S. Securities and Exchange Commission (SEC) on August 11.

The S-1 form for the spot Bitcoin product “Truth Social Bitcoin ETF” (ticker: B.T.) contains information about the direct custody of BTC and tracking its market performance through publicly traded shares.

According to the updated filing, Crypto.com will serve as the sole custodian of the ETF’s bitcoins, the primary execution agent, and the liquidity provider.

The ETF will debut only after two conditions are met: the SEC declares the registration effective and approves the corresponding 19b-4 form. Once the listing process is completed, the shares will be traded on the NYSE Arca exchange, with Yorkville America Digital acting as the sponsor.

If conditions are favorable, Trump Media will soon join the growing list of companies competing for a share of the spot Bitcoin ETF market, which has already attracted billions in inflows since U.S. approval earlier this year.

See also: "Probable reason for the rise in attacks on Bitcoin owners revealed"

#Trump Media #Bitcoin (BTC) #ETF

Editor: Pereyidenko Ihor
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