Trump Media files 19b-4 to list Truth Social Bitcoin and Ethereum ETF on NYSE Arca

Description

Truth Social operator, Trump Media and Technology Group Corp, has filed a Form 19b-4 to list the Truth Social Bitcoin and Ethereum ETF on NYSE Arca. According to a June 24 filing with the U.S. Securities and Exchange Commission (SEC), the ETF, proposed under the ticker symbol B.T., would hold 75% of its assets in Bitcoin and 25% in Ethereum. The product is structured as a commodity-based trust, with Yorkville America Digital named as sponsor and Crypto.com’s affiliated trust entity, Foris DAX Tr...