Trump Media Files Amended Bitcoin ETF Proposal, Seeking NYSE Arca Listing

Trump Media & Technology Group has made an amendment to its SEC registration statement for a Bitcoin ETF, aiming to list it on the NYSE Arca exchange with Crypto.com as the custodian and Yorkville America Digital serving as the sponsor. The proposed fund will hold actual Bitcoin directly, mirroring its price movement. This move is poised to influence Bitcoin demand by offering institutional and retail investors access to the cryptocurrency through an accessible product.