Trump Media Partners with Crypto.com for Bitcoin ETF Filing
TLDR:
- Trump Media Bitcoin ETF filing aims to track Bitcoin price with Crypto.com as the custodian.
- The ETF launch is pending SEC approval, with shares set to list on NYSE Arca.
- Crypto.com will provide custody, execution, and liquidity services for the Truth Social Bitcoin ETF.
Trump Media and Technology Group Corp. (NASDAQ: DJT), the parent company of the Truth Social platform, has filed the first amendment to its registration statement with the U.S. Securities and Exchange Commission (SEC) for the Truth Social Bitcoin ETF.
This strategic move marks the company’s first foray into the cryptocurrency market, with the ETF designed to hold Bitcoin directly and reflect the digital currency’s price performance. The…
