Truth Social Files for Bitcoin ETF, DJT Stock soars Following SEC Filing

Donald Trump’s social media company, Truth Social, has submitted a formal application with the U.S. Securities and Exchange Commission (SEC) to launch its own Bitcoin exchange-traded fund (ETF). The filing was made public on Tuesday and reveals Yorkville America Digital as the sponsor of this new venture. NYSE Arca, which handles listing on the New York Stock Exchange, initiated this process on June 3rd.