When traditional exchanges help cryptocurrencies. The platform Truth Social founded by Donald Trump has become a fully-fledged player in the Bitcoin (BTC) and cryptocurrency sector in recent months. Thus, the filing of applications for its crypto ETFs is ongoing. And the New York Stock Exchange (NYSE) has just submitted a rule change request to allow the listing of the Truth Social Bitcoin and Ethereum (ETH) ETF.
Truth Social files applications for its crypto ETFs
On June 24, 2025, the stock group of the New York Stock Exchange filed a Form 19b-4 with the United States Securities and Exchange Commission (SEC).
This document proposes a rule change to be able to list on the NYSE Arca the exchange-traded fund (ETF) of Truth Social, which is based on the two most valued cryptocurrencies in the market, Bitcoin and Ethereum.
This latest filing with the SEC specifies that the sponsor of the Truth Social Bitcoin and Ethereum ETF is Yorkville America Digital, and that the custodian of its bitcoins and ethers is Foris DAX Trust Company.
Donald Trump's social network group continues its crypto strategy. And this Truth Social Bitcoin and Ethereum ETF is fully aligned with that strategy. It remains to be seen whether the SEC will accept and validate these applications, in a regulatory context that remains cautious for now, even if things are starting to unlock favorably after 4 years of war and freeze by the Biden administration.