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Truth Social Bitcoin and Ethereum ETF May Soon Launch on NYSE Arca
NYSE Arca has officially submitted a proposal to the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade a new cryptocurrency exchange-traded fund (ETF) tied to Donald Trump’s Truth Social brand.
The proposed fund, titled the Truth Social Bitcoin and Ethereum ETF ("B.T."), would give investors exposure to both Bitcoin (BTC) and Ethereum (ETH) via a regulated exchange product. The application was filed under Rule 19b-4 of the Securities Exchange Act of 1934, signaling a key step toward regulatory approval.
If the SEC grants approval, NYSE Arca would list the ETF under its Rule 8.201-E, enabling public trading. This would mark another milestone in the ongoing integration of crypto assets into traditional financial markets.
A Brand-Backed Gateway to Crypto Exposure
The branding connection with Truth Social, the media platform backed by former U.S. President Donald Trump, is expected to draw attention from both retail and institutional investors. Market analysts view this development as a potential catalyst for broader adoption of digital assets.
> Market Sentiment: Bullish 📈 Analysts suggest that the launch of this ETF could drive fresh demand for both BTC and ETH, especially as regulated on-ramps attract more traditional capital.
Key Highlights:
NYSE Arca submitted a 19b-4 filing to the SEC. The ETF will offer exposure to both Bitcoin and Ethereum. The fund is branded under Truth Social, adding mainstream visibility. If approved, the ETF would trade on NYSE Arca under Rule 8.201-E.