NYSE Arca Files to List Truth Social Bitcoin ETF Backed by Trump Media Partner
NYSE Arca, a subsidiary of the New York Stock Exchange, has filed an application with the U.S. Securities and Exchange Commission (SEC) to list a new spot Bitcoin exchange-traded fund (ETF) tied to former President Donald Trump’s media venture, Truth Social.
The filing, submitted Tuesday, includes a 19b-4 form — a necessary step for exchanges seeking to list new financial products. The proposed ETF would track the price of Bitcoin (BTC), currently trading at $104,265.84, and mirrors the structure of existing spot Bitcoin ETFs.
The fund is being issued by crypto asset manager Yorkville America Digital, which is partnered with Trump Media & Technology Group, the parent company of Truth Social.
According to the filing, custody services for the ETF would be provided by Foris DAX Trust Company, the same custodian used by Crypto.com for its digital asset holdings.
For full approval, an additional S-1 filing from the issuer is still required to complete the registration process.
If approved, the product would be launched as the Truth Social Bitcoin ETF — a high-profile entry into the expanding field of crypto investment products with direct political branding.