Trump’s Truth Social Seeks Approval for Bitcoin ETF

The New York Stock Exchange’s Division NYSE Arca has filed a request for a Bitcoin exchange-traded fund (ETF) connected to Truth Social, the social media platform launched by former President Donald Trump. Designed to mirror the price of Bitcoin, the application, Form 19b-4, seeks approval from the Securities and Exchange Commission (SEC). The ETF registration statement details that it aims to replicate the price performance of Bitcoin, excluding Trust expenditures and liabilities.