Trump Media Seeks SEC Approval to List Truth Social Bitcoin and Ethereum ETF on NYSE Arca
Trump Media and Technology Group Corp, the parent company of Truth Social, has officially filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) as part of its effort to launch the Truth Social Bitcoin and Ethereum ETF. The proposed fund would be listed on NYSE Arca under the ticker symbol B.T.
According to the June 24 filing, the ETF is designed to allocate 75% of its assets to Bitcoin and 25% to Ethereum, providing investors with streamlined exposure to the two largest cryptocurrencies by market capitalization. The fund would operate as a commodity-based trust, with Yorkville America Digital serving as sponsor and Foris DAX Trust Company—an affiliate of Crypto.com—as custodian for the underlying crypto assets.
The ETF aims to give both retail and institutional investors access to spot Bitcoin and Ethereum markets via traditional brokerage accounts, all under a single ticker. If approved, it would mark a significant step toward bridging the gap between crypto and mainstream financial markets.
This filing comes on the heels of Trump Media’s June 16 submission of a Form S-1 registration statement, which detailed the fund’s structure and disclosures necessary for a public offering. The 19b-4 filing is a critical procedural step that seeks regulatory approval for listing the ETF on a national securities exchange. Both the S-1 and 19b-4 must gain approval before the ETF can launch.