#CryptoNewss
📢 CRYPTOCURRENCY HEADLINES
💰 Institutional Investment
Fidelity and ARK Invest purchase $275M worth of Bitcoin.
🔐 Coinbase Cyberattack
Losses from a customer data breach estimated at $180M–$400M.
🇰🇷 South Korea’s Election Impact
Upcoming election anticipated to influence the crypto industry.
📊 Truth Social Bitcoin ETF
Truth Social announces launch of a Bitcoin ETF.
As of June 4, 2025, the Truth Social Bitcoin ETF has not yet launched. On June 3, 2025, NYSE Arca submitted a Form 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) seeking approval to list the ETF. This filing is a preliminary step, and the SEC's review process, which includes public comment periods and multiple evaluation stages, can take several months. coingabbar.com+12reuters.com+12moneycontrol.com+12ainvest.com+1cryptoslate.com+1
Key Details:
ETF Name: Truth Social Bitcoin ETF
Sponsor: Yorkville America Digital
Custodian: Foris DAX Trust Company
Platform: To be listed on NYSE Arca upon approval
Investment Objective: To track the performance of Bitcoin, providing investors exposure without direct ownership.
Airdrops and Purchase Options:
Currently, there is no information regarding any airdrops associated with the Truth Social Bitcoin ETF. Once approved and listed, the ETF is expected to be available for purchase through major brokerage platforms and the Crypto.com app, which has a global user base. banklesstimes.com
Next Steps:
The SEC's decision on the ETF's approval is anticipated in the coming months. Investors interested in this ETF should monitor official announcements from the SEC, NYSE Arca, and Trump Media & Technology Group for updates on the approval status and launch date.