Truth Social has officially filed for a spot Bitcoin ETF to be listed on NYSE Arca, providing investors with direct exposure to the asset.
The filing follows NYSE Arca's submission of a Form 19b-4, an important step to obtain regulatory approval for trading ETF shares on the exchange.
The Truth Social Bitcoin ETF filing includes risk disclosures mentioning potential market impacts of President Donald Trump's pro-crypto stance, a unique detail in crypto ETF prospectuses.
This filing highlights the connection between political influences, policy changes, and fund performance risks in the crypto market, reflecting Washington's evolving stance on digital assets.