📢 Trump Media Dives Deep Into Crypto: Truth Social Backs Bitcoin ETF
In a bold move, Trump Media & Technology Group (TMTG) is pushing further into the crypto world. On June 3, 2025, NYSE Arca filed a request with the SEC to list a new spot Bitcoin ETF — backed by Truth Social, TMTG’s own social platform.
🧾 What’s in the filing?
Form 19b-4 for ETF listing approval
ETF co-sponsored by Yorkville America Digital
Custody via Foris DAX Trust
No ticker yet; SEC has up to 240 days to respond
Although Trump isn’t named, his financial footprint is all over it. TMTG is majority-owned by the former President and appears laser-focused on becoming a crypto powerhouse.
💸 Crypto Ambitions Run Deep
Through Truth.Fi, Trump Media has:
Partnered with Crypto.com (custody + wallets)
Announced a $2.5B Bitcoin treasury
Plans to launch a Trump Coin Wallet
Is eyeing direct BTC investment options for users
📊 Why This Matters:
Truth’s Bitcoin ETF isn’t just another financial product — it’s political, symbolic, and strategically timed.
With Washington warming up to crypto, this could become a rallying point for conservative crypto investors and a major revenue play for TMTG.
🧠 Your Take:
Would you trade a politically-branded ETF like this?
Drop your thoughts 👇 and don’t forget to tap $BTC for current market action.