Truth Social Bitcoin ETF

President Trump’s media firm TMTG is moving forward with its plans for a Bitcoin ETF, while other corporates like Spain’s Vanadi Coffee are also adopting Bitcoin treasury strategies.

Daily Updates:

• After announcing in late May that it would raise $2.5B to invest in Bitcoin as part of a treasury reserve strategy, President Trump’s social media company, Trump Media and Technology Group (TMTG), is now advancing with its plans to launch its own Bitcoin ETF. 

• NYSE Arca, part of the New York Stock Exchange, submitted a regulatory filing with the SEC yesterday on behalf of crypto asset manager Yorkville America Digital, a partner of TMTG; if approved, the fund would trade under the name Truth Social Bitcoin ETF.