- NYSE Arca is the New York Stock Exchange’s electronic trading arm.
- Trump Media & Technology Group (TMTG) operates both a social media and streaming platform.
USA President Donald Trump’s media company Truth Social is once more in the news for entering the cryptocurrency investment space, as NYSE Arca, filed paperwork Tuesday to list a bitcoin exchange traded fund (ETF) under the Truth Social brand.
The proposed fund, Truth Social Bitcoin ETF, would track the price of
bitcoin and offer investors exposure to the cryptocurrency without directly holding the asset.
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The move comes amid Trump’s growing push into digital assets through his media platform, Truth Social.
If approved by the Securities and Exchange Commission (SEC), the ETF would mark one of the most politically prominent entries into the digital asset investment market, following Trump Media’s recent crypto-aligned initiatives.
