Trump Media (NASDAQ: DJT) the company behind Truth Social, Truth+, and the Truth.Fi fintech brand has inched closer to launching its own Bitcoin exchange-traded fund (ETF) after submitting an amended registration to the U.S. Securities and Exchange Commission (SEC) on August 11.
The filing marks the first amendment to its Form S-1 for the “Truth Social Bitcoin ETF” (ticker: B.T.), a spot Bitcoin product designed to hold BTC directly and track its market performance through publicly traded shares.
According to the update, Crypto.com will serve as the ETF’s sole Bitcoin custodian, prime execution agent, and liquidity provider, a significant move aligning the product with one of the industry’s most recognizable crypto platforms.
The ETF will debut only after two key hurdles: the SEC declaring the registration effective and the regulator approving a related Form 19b-4 submission. Once cleared, the shares are set to list on NYSE Arca, with Yorkville America Digital acting as sponsor.
The announcement adds Trump Media’s name to the growing list of firms racing to secure a slice of the spot Bitcoin ETF market, a sector that has already seen billions in inflows since its U.S. approval earlier this year.
