NYSE Arca Files With SEC for Truth Social Bitcoin ETF

NYSE Arca on Tuesday submitted a filing to the Securities and Exchange Commission seeking regulatory approval to list the Truth Social Bitcoin ETF. Spot bitcoin ETFs have gained popularity since their January 2024 debut, drawing billions in inflows as investors seek regulated, liquid exposure to the cryptocurrency. In February, the Trump Media and Technology Group applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors. U.S. President Donald Trump is the majority owner of TMTG, which runs the social media platform Truth Social. The...