Trump Media (parent company of Truth Social) has updated its Securities and Exchange Commission (SEC) filing for the Truth Social Bitcoin ETF. The fund’s latest plan is to hold $BTC directly, with Crypto.com acting as the custodian, execution agent, and liquidity provider.
If approved, the ETF would give investors direct exposure to $BTC’s price through publicly traded shares.
Historically, Bitcoin ETF approvals spark demand for $BTC itself. And as the crypto leader, its success often fuels rallies for other coins as investors look to diversify their portfolios for broader gains.
As hype builds, now could be a prime time to scoop up some of the best altcoins before their prices soar.
Truth Social Bitcoin ETF to Challenge BlackRock’s $57.9B IBIT
If all goes as planned, the Truth Soci