Trump Media Considers Launching Spot Bitcoin ETF in U.S. Through New Partnership
The post Trump Media Considers Launching Spot Bitcoin ETF in U.S. Through New Partnership appeared on BitcoinEthereumNews.com.
Trump Media & Technology Group is advancing its foray into cryptocurrency by planning to launch a spot Bitcoin ETF in the U.S., marking a significant development in the crypto investment landscape. The proposed “Truth Social Bitcoin ETF,” a collaboration with Yorkville America Digital and Crypto.com, aims to provide investors with direct exposure to Bitcoin through a regulated stock exchange product. According to COINOTAG sources, the NYSE Arca has already filed for a rule change to list this ETF, signaling regulatory progress and growing institutional interest in crypto-based financial instruments. Trump Media partners with Crypto.com to launch the Truth Social Bitcoin ETF, offering U.S. investors regulated access to spot Bitcoin exposure via NYSE Arca. Trump Media’s Strategic Move to Launch a Spot Bitcoin ETF in the U.S. In a bold step toward mainstreaming cryptocurrency investments, Trump Media & Technology Group has announced plans to introduce a spot Bitcoin exchange-traded fund (ETF) in the United States. This initiative, developed in partnership with Yorkville America Digital and Crypto.com, represents a notable attempt to bridge traditional financial markets with the burgeoning digital asset ecosystem. The ETF, tentatively named the “Truth Social Bitcoin ETF,” is designed to track the real-time price of Bitcoin, allowing investors to gain direct exposure without the complexities of managing digital wallets or private keys. This move aligns with growing investor demand for regulated crypto products that offer transparency and security under established market frameworks. Regulatory Filing and Market Implications of the Truth Social Bitcoin ETF The NYSE Arca’s recent filing to amend its rules to accommodate the listing of the Truth Social Bitcoin ETF marks a critical regulatory milestone. This filing is a prerequisite for approval by the Securities and Exchange Commission (SEC), which has historically been cautious regarding spot Bitcoin ETFs due to concerns about market manipulation and custody…
Filed under: News - @ June 4, 2025 1:27 am