❗️Trump's company Truth Social has applied to launch a bitcoin ETF
📃 NYSE Arca has submitted documents to the SEC to launch the Truth Social fund, owned by Trump Media & Technology Group. The proposed fund, named Truth Social Bitcoin ETF, will track the price of bitcoin similarly to existing spot bitcoin ETFs.
Yorkville America Digital, in partnership with Trump Media, is the initiator of the filing, and Foris DAX Trust Company will become the custodian of the fund if approved.$ME
