$2.4B Crypto Push Begins with Truth Social ETF Filing — TradingView News
On Tuesday, the New York Stock Exchange (NYSE) filed a rule change to allow the listing of a new Truth Social Bitcoin and Ethereum ETF, backed by Trump Media & Technology Group. If approved, this dual-asset ETF would hold 75% Bitcoin and 25% Ethereum, making it one of the most politically branded cryptocurrency products to date.
NYSE Pushes for Truth Social ETF
The proposed ETF listing falls under the SEC’s 19b-4 rule, a common path for ETF approval. While it signals regulatory progress, it does not guarantee final approval from the Securities and Exchange Commission (SEC).
In a statement, the SEC responded:
“The Exchange believes that the proposed rule change is designed to prevent fraudulent and manipulative acts and practices in…
