📢 #Trump 's Truth Social Bitcoin & Ethereum ETF Proposal
📄 Trump Media has submitted Form 19b-4 to the SEC to list the Truth Social Bitcoin and Ethereum ETF on NYSE Arca under ticker: B.T.
💼 Fund Structure:
🪙 75% Bitcoin (BTC)
🧠 25% Ethereum (ETH)
🏦 Custodian: Foris DAX Trust Company (Crypto.com affiliate)
👔 Sponsor: Yorkville America Digital
🔐 Assets held in cold storage
🎯 Goal:
One-ticker exposure to BTC & ETH for both retail and institutional investors via traditional platforms.
📋 Regulatory Path:
🧾 Form S-1 filed on June 16 (covers disclosure for public offering)
📩 Form 19b-4 now submitted (seeks approval for exchange listing)
📈 ETF Features:
📊 Passive strategy
🧮 NAV based on CME CF benchmarks
💧 Crypto.com to provide staking, liquidity & execution services
🕒 What’s Next:
⏳ SEC has up to 240 days to decide
⚖️ Initial response expected within 45 days
🔄 This follows a previous filing for a spot Bitcoin-only ETF on June 3, still under review. Final decision due by Jan 29, 2026, if fully extended.
📬 Stay tuned for more updates on ETF developments and crypto investment vehicles.
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