Trump Family Media Group Files for Truth Social Bitcoin ETF

The Trump Media & Technology Group (TMTG) group advances with plans to launch ETF Bitcoin called The Truth Social Bitcoin ETF, according to the June 3 report.

NYSE GROUP Inc. foot Organizational papers for the inclusion of the product, using President Donald Trump’s social network name.

ETF is developed through a partnership with Yorkville Advisors, a company based in New Jersey described by Trump Media as a “asset management company in America”.

It really happens. Trump launches bitcoin boxes https://t.co/bqdj9js98n

Jseyff June 3, 2025

Another spot Bitcoin ETF

Foris Dax Trust Company will be the guardian of digital assets, according to the deposit, which did not mention the indicator or fees for the new box. Trump is the media It has previously applied for trademarks related to Bitcoin Investment products that are in line with the priorities of the president’s policy.

The instant Bitcoin ETF will join more than 60 American boxes associated with BTC, although this will buy the original and follow its price like Eleven already approved and trading traded investment funds.

“On the one hand, this is a very unknown area and great support for Bitcoin from Trump,” said ETF ETF ETF ETF Intelligence.

“But on the other hand, it is a routine file in a very crowded category, and his work will be cut to attract flows and liquidity.”

Critics have raised concerns about the conflict of potential interests, given Trump’s dual role in setting the cryptocurrency policy with financial benefit from relevant companies.

However, the White House stated that Trump is separate from the companies bearing his name, and the shares of the media have conveyed Trump to confidence that it controls daughter.

Bitcoin boxes rise

American Bitcoin etfs spot It has succeeded greatly since its launch 18 months ago and has witnessed $ 44.4 billion in cumulative in net flows so far.

The most prominent Balchunas is the pioneer in industry Blackrock’s Ibit Etf The smallest is a long way to enter the best 25 boxes. He said: “He is like a baby, hanging with adolescents and twenty years.”

Here is a table of the best 25 years of the largest and age of investment funds. At the age of 1.4 years 4 dollars It is the smallest in the list by nine times. It is like a baby who hangs with teenagers and twenty through. Get completely the crazy basics so far (and there is a lot) across SiriappnessyApp pic.twitter.com/w63xskd7f6

Eric Balunas (EricBalchunas) June 3, 2025

The analyst also expected that the Blackrock Fund is likely to go beyond Satoshi Nakamoto as the largest Bitcoin holder in the world by the end of next year. This is “a testimony on comfortable strength, low cost, liquidity, and confidence that ETF brings to the table,” he said.

Investment funds circulated in eleven investment funds circulating in the United States were on their way to reflect a series of three -day outflow with a flow of $ 375 million on June 3, according to the initial data.