Trump Media Expands Crypto Footprint With Bitcoin ETF Filing

Reading Time: < 1 minute

Trump Media & Technology Group is making another strategic push into digital assets with NYSE Arca’s filing for a Truth Social-branded Bitcoin ETF.

The proposed fund, sponsored by “America-first” firm Yorkville America Digital, would provide investors with Bitcoin price exposure if approved by regulators.

This crypto expansion follows the January launch of Truth.Fi, which can invest up to $250 million of Trump Media’s substantial cash reserves in Bitcoin and other crypto assets.

The ETF filing positions Truth Social alongside major financial players in the competitive cryptocurrency investment space while potentially attracting the platform’s conservative user base to digital assets.