#TrumpMediaHodl

Great news for crypto enthusiasts and Trump Media investors!

Trump Media (NASDAQ: DJT), the company behind Truth Social, is moving forward with its plans for a Bitcoin ETF. The firm recently filed an amended registration statement with the U.S. Securities and Exchange Commission (SEC) for its "Truth Social Bitcoin ETF" (ticker: B.T.).

Here are the key takeaways from the filing:

•Direct Bitcoin Exposure: This will be a spot Bitcoin ETF, meaning it will hold Bitcoin directly and track its performance.

•A New Partner: Crypto.com is now the sole custodian for the fund's Bitcoin, as well as the prime execution agent and liquidity provider.

•Next Steps: The ETF can only launch after the SEC declares the S-1 registration effective and approves a separate Form 19b-4 submission.

•Where to Trade: Once approved, the shares are set to be listed on NYSE Arca.

This move places Trump Media squarely in the competitive and growing spot Bitcoin ETF market, which has seen significant inflows since its initial approval in the U.S. earlier this year.