Trump Media & Technology Group is moving forward with plans to launch cryptocurrency-based exchange traded funds, starting with a spot Bitcoin ETF in the United States.
NYSE Arca filed paperwork Tuesday seeking a rule change to list the “Truth Social Bitcoin ETF” from Yorkville America Digital, the product of an April partnership between the firm, President Trump’s Trump Media, and Crypto.com.
The proposed ETF would give investors exposure to the leading cryptocurrency via shares on the stock exchange.
This is a breaking news story that will be updated.