Overview

• Yorkville America Digital is sponsoring the Truth Social Bitcoin and Ethereum ETF and plans to list its shares on NYSE Arca.
• The filing follows an earlier Truth Social Bitcoin ETF application submitted in early June.
• In May, Trump Media raised about $2.4 billion to establish a Bitcoin treasury under its Truth.Fi financial services unit.
• The ETF’s launch depends on the registration statement becoming effective and SEC approval of a Form 19b-4 filing.
• The move advances Trump Media’s strategy to expand its ‘America First’ crypto and financial services offerings.