NYSE Arca Files for Truth Social Bitcoin ETF with SEC
NYSE Arca has submitted a filing to the SEC for a fund linked to U.S. President Donald Trump’s media company, Truth Social.
- The filing includes a 19b-4 document aimed at establishing a fund that tracks the price of bitcoin.
- The proposal is backed by Yorkville America Digital, which partners with Trump Media & Technology Group.
- If approved, Foris DAX Trust Company would serve as the fund's custodian.
- The fund is intended to trade as the Truth Social Bitcoin ETF.
- An S-1 document will also be necessary to finalize the proposal.