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Trump Media and Crypto.com Deal Sends Cronos Sky-High: These 3 Altcoins Could Be Next

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Trump Media Submits New Spot Bitcoin ETF Bid to SEC

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Trump Media & Technology Group (TMTG) , the company majority-owned by US president Donald Trump and operator of the Truth Social platform , has lodged both a Form S-1 registration statement and a supporting Form 19b-4 with the US Securities and Exchange Commission (SEC) seeking permission to launch the “Truth Social Bitcoin ETF”. If cleared, the fund would hold bitcoin directly and list on NYSE Arca, giving retail investors regulated exposure to the cryptocurrency without handling private keys. Details of the application The filing, dated 5 June 2025, appoints Yorkville America Digital as sponsor and names Crypto.com as the exclusive custodian, prime execution agent and liquidity provider. The trust will issue redeemable shares backed one-for-one by bitcoin stored in institutional-grade cold wallets. Management fees and redemption procedures have yet to be finalised, but the prospectus notes that shareholders will not receive assets derived from potential net...