Donald Trump’s company, TMTG, has officially filed with the SEC to launch a Bitcoin Exchange-Traded Fund (ETF). The filing, made on June 5th, outlines the Trust’s plan to track the price of Bitcoin and is part of a growing trend of crypto products seeking regulatory approval in the US. TMTG partnered with Yorkville America Digital, a crypto asset manager, to list the Truth Social Bitcoin ETF on NYSE Arca. The fund will be managed by Crypto.com as its exclusive custodian, prime execution agent, and liquidity provider. This new fund comes amid increasing efforts to gain SEC approval for various cryptocurrency products in the US. Notably, it features exclusivity clauses, granting Crypto.com certain services specifically related to the Trust’s operations. Potential investors should note that front-running – the practice of trading ahead of the ETF – may be permitted by the ETF sponsor.