The competitive Bitcoin ETF market may soon include a new player as NYSE Arca files for a Truth Social-branded fund.
Documents reveal the proposed ETF would track Bitcoin’s price performance through sponsorship by Yorkville America Digital and custody by Foris DAX Trust Company.
This filing marks another crypto initiative for Trump Media, which recently launched Truth.Fi with approval to allocate up to 36% of its $700 million reserves to Bitcoin and other crypto investments.
The move suggests Truth Social aims to position itself at the intersection of social media, politics, and digital asset innovation.
