NYSE Arca Seeks SEC Nod for Truth Social ETF
Truth Social’s Bitcoin ETF is moving forward as NYSE Arca filed with the SEC on Tuesday seeking to list the Truth Social Bitcoin and Ethereum ETF. The NYSE Arca SEC filing proposes a fund that would invest 75% in Bitcoin and also 25% in Ethereum, marking Trump Media ETG’s expansion into regulated crypto ETF approval markets right now. Also Read: Solana Spot ETF: CoinShares Seeks SEC Nod for Launch Truth Social Bitcoin ETF Faces SEC Scrutiny and Crypto Split Risks Source: Greek Reporter The Truth Social Bitcoin ETF represents the second filing from Trump Media ETG in less than a month. TMTG, which is majority-owned by President Donald Trump, has accelerated its Bitcoin ETH allocation strategy through regulated investment vehicles. This crypto ETF approval filing follows the Bitcoin-only Trump BTC ETF that was submitted in early June. NYSE Arca filing documents – Source: SEC,gov Crypto.com Partnership Manages ETF Operations TMTG and Yorkville America have partnered with ...