📌 Truth Social files for Bitcoin Spot ETF – a bold move by Trump Media

NYSE Arca has officially submitted an application to the SEC for the listing of a Bitcoin Spot ETF named “Truth Social Bitcoin ETF”, represented by Yorkville America Digital – a partner of Trump Media & Technology Group (TMTG), the parent company of the social media platform Truth Social.

🔍 This is part of TMTG's strategy to expand deeply into the financial and cryptocurrency sectors, after the company registered trademarks for 6 Bitcoin-related investment products in February 2025 and announced plans to raise $2.5 billion to build a treasury $BTC

⚠️ However, the close ties between TMTG and Donald Trump are raising controversies over potential conflicts of interest, especially as the financial policies of the administration could directly affect related assets.

🕐 The application submitted to the SEC was recorded in early June 2025.

#BitcoinETF #TruthSocial #CryptoRegulation #DigitalAssets #TrumpMedia