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Home > Latest

Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF.

date
17/06/2025
According to a document submitted to the U.S. Securities and Exchange Commission on Monday, the Trump Media & Technology Group is seeking to launch an ETF that would invest in the two largest cryptocurrencies, Bitcoin and Ethereum. This marks the second cryptocurrency ETF application submitted by the Trump-affiliated social media company in less than two weeks. If approved, the Truth Social Bitcoin ETF and Truth Social Bitcoin & Ethereum ETF would enter a crowded and competitive market that is currently dominated by a few prominent asset management companies like BlackRock. BlackRock's iShares Bitcoin ETF has $72.5 billion in assets.
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