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Trump’s Truth Social Takes Next Step Toward Launching Bitcoin ETF With S-1 Filing

  • Trump Media and Technology Group, majority-owned by Donald Trump, filed a Form S-1 for Truth Social Bitcoin ETF on June 5 to introduce a spot Bitcoin ETF to US investors.
  • The proposed Truth Social Bitcoin ETF would hold spot Bitcoin and list on NYSE Arca, exposing investors to cryptocurrency via shares on the stock exchange.
  • The S-1 filing includes exclusivity clauses involving Crypto.com and provides detailed information about the fund's structure, strategy, and risk disclosures.
  • Approval for the Truth Social Bitcoin ETF would deepen Trump's ties with the crypto market, following the announcement of a $2.3 billion offering to create a corporate Bitcoin treasury.

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