- Bitcoin ETF registration filing and potential market entry.
- Involves Trump Media, Crypto.com, Yorkville America Digital.
- Awaits SEC approval and NYSE Arca listing.
Trump Media & Technology Group filed an amended registration statement for the Truth Social Bitcoin ETF on August 11, 2025, aiming for an NYSE Arca listing pending regulatory approvals.
This initiative could significantly impact Bitcoin market exposure, with Crypto.com as the custodian. Awaiting SEC approval, this move reflects a growing interest in cryptocurrency ETFs.
Trump Media Files Amended Statement for Bitcoin ETF
Trump Media & Technology Group has filed an amended registration for a proposed Bitcoin ETF, branded as the Truth Social Bitcoin ETF. The filing anticipates a listing on NYSE Arca, pending approval from authorities for the S-1 amendment and the required 19b-4 filing.
The firm has partnered with Crypto.com as an exclusive Bitcoin custodian and Yorkville America Digital as the sponsor. The ETF aims to directly hold Bitcoin and offer shares reflecting Bitcoin’s price movements.
The registration of the amended ETF statement could potentially alter market strategies for crypto investments. Trump’s group seeks to enter the ETF segment, relying on official approvals to launch. Potential market participants anticipate broader financial impacts.
“Trump Media… announced today the filing with the U.S. Securities and Exchange Commission of the first amendment to the registration statement on Form S-1 for the Truth Social Bitcoin ETF, B.T. (‘the ETF’). The ETF will hold bitcoin directly and offer its shares to investors, aiming to reflect Bitcoin’s price performance.”
Bitcoin will be directly affected, being the ETF’s cornerstone asset. Business implications might include increased engagement with cryptocurrency in traditional stock markets. Investors and traders await SEC’s pronouncement, which remains a pivotal decision point.
The SEC’s decision remains essential for the ETF’s market entry. Current regulatory pathways could further harmonize traditional and crypto markets. The prospective NYSE listing underscores the significance of U.S. market embrace for institutional cryptocurrency products.
Should approval occur, expectations include enhancements in regulatory approaches and potential new technological applications in financial trading. Historical trends indicate growing integration of crypto assets into mainstream financial instruments, spurred by evolving regulatory environments.
