Trump Media company submits Bitcoin ETF application, planning to list on the NYSE.

The Trump Media & Technology Group, a company listed on the US stock market, announced on Thursday local time that it had submitted an S-1 registration document to the US Securities and Exchange Commission for the issuance of a "Truth Social Bitcoin ETF", which will be listed on the New York Stock Exchange after completion of the approval process. The announcement stated that the ETF will directly hold Bitcoin and issue shares to investors, aiming to reflect the price performance of Bitcoin. Yorkville America Digital will serve as the fund sponsor, responsible for regulatory compliance and operational management. Although the S-1 filing does not have a deadline for approval, the New York Stock Exchange submitted the 19b-4 filing for this ETF on Tuesday, and the US SEC must make a final approval decision within 240 days. Therefore, it is conservatively estimated that the Trump family's Bitcoin ETF will be listed before the beginning of next year.