Key Takeaways
- Trump Media has filed for a Bitcoin ETF called the Truth Social Bitcoin ETF.
- The ETF will be listed on NYSE Arca and use Foris DAX as custodian.
- The SEC has until January 29, 2026, to approve or reject the application.
Trump Media & Technology Group (TMTG), the parent company behind Truth Social, is launching a Bitcoin exchange-traded fund (ETF) as part of its broader push into digital assets.
The proposed “Truth Social Bitcoin ETF” was officially filed with the SEC via a 19b-4 submission on June 3, signaling the final step before potential regulatory approval.
ETF listing & custodianship
The ETF will be listed on NYSE Arca and track the price of Bitcoin, offering investors a simplified way to gain exposure without directly holding the asset.
Foris DAX Trust Company, which also serves as Crypto.com’s custodian, has been named as the fund’s custodian.
Design & development of the ETF
According to the filing, the ETF is…
… designed to remove the obstacles represented by the complexities and operational burdens involved in a direct investment in bitcoin.
The initiative is being developed in partnership with Crypto.com and Yorkville America Digital.
Future plans & financial backing
TMTG is also planning additional products under its Truth.Fi platform, which will focus on digital assets and the energy sector.
The company has applied to trademark six investment vehicles and recently announced a $2.5 billion Bitcoin treasury plan, backed by $2.4 billion in funding through stock and debt.
Regulatory timeline & market position
The SEC has 45 days to respond to the filing, though this timeline can be extended until January 29, 2026.
Yorkville must also submit an S-1 registration statement to provide detailed information about the ETF.
Despite entering a crowded market dominated by firms like BlackRock and Fidelity, the Truth Social brand is expected to attract significant public and political attention.
