SEC Reviewing Trump’s Truth Social Bitcoin ETF Filing

The U.S. Securities and Exchange Commission (SEC) is scrutinizing an amended registration statement from Trump Media & Technology Group for its Truth Social Bitcoin ETF. This updated filing, seeking approval to launch a spot Bitcoin ETF, outlines the company’s strategy for direct Bitcoin holdings and aims to provide investors with a straightforward way to gain exposure to the cryptocurrency without needing to manage private keys or wallets. Crypto.com has been chosen as the exclusive custodian for this ETF, assuring secure storage of the Bitcoin assets backing it.