Trump Media Gets Closer to Truth Social Bitcoin ETF Debut With SEC Filing

ETF issuer for the Truth ETF has submitted a request for a Fund on Thursday to the US Securities Fund.

AND S-1 Registration Statement arrives Two days after the New York Stock Exchange ended up a 19B-4 rules change for a list of fund that trade on the stock market.

Yorkville America Digital will manage the Fund if she receives approval. It’s the same company through which Trump Media & Technology Group and Crypto.com Plan to debut Apartment of “America First” funds.

Other proposed f But the truth is social Bitcoin ETF is the only one with the registration of S-1, so far.

Yorkville registered the Fund as a business fund in Nevada and would offer shares representing fractional property in their Bitcoin. The vast majority of ETF is reminiscent of legal trust in Delaware, which means that there are many legal precedents and case law as protectors.

Yorkville America Digital did not immediately respond to a commentary request from Decipher.

[embedded-post-id:323523]

The application is said to be using the Fors Dax Trust Fund as his careman Bitcoin. The only second fund that states the company as a guardian has not yet been approved Cro Etfwho endured his own S-1 a week ago.

The guardian indicates a break from the existing Bitcoin ETF video, such as Ishares Bitcoin Trust and Fidelity Bitcoin Trust, using Coinbase custody and a digital Fidelity property to protect their BTC.

S-1 does not cite a company or name for his Cash guard, a transfer agent or a trust administrator. And since the application is just a prospectus, it still does not cite the mark.

Another Trump’s Crypto Project

Trump and its connected companies have built a large portfolio of the crypto projects –Unfortunately for Democratic MPs.

His earliest crypto projects were NFT collections. 2022. Trump made his debut His first NFT collection. Followed by two more Collections 2023And another one In August 2024 while he was a campaign for the office.

Maybe the most famous project was Official coin from Trump. Launched Just a few days before and The second inauguration of the President. President organized a Kripto Gala for the main holders of their meme coin, which Drew Protests. Registrations and participants have been air since then “The subject of a historical collector”NFTS.

But before the president was elected at all, Trump was connected to the beginning World Freedom Financial. The project has since introduced a Wlfi control token and USD1 Stablecoin. The president’s sons, Eric and Donald Jr. were closer to the project than their father. As things stand, Trump’s family has a 60% owner’s stake in World Liberty Financial through his DT Mark Defin Llc, according to his Reuters.

Edited by James Rubin