Trump Media & Technology Group (TMTG) is making a bold move into the crypto investment space by backing a new spot Bitcoin ETF.
A filing submitted to the U.S. Securities and Exchange Commission (SEC) by NYSE Arca seeks approval to list the product under the Truth Social brand, potentially opening the door for millions of retail and institutional investors to gain regulated access to Bitcoin through traditional markets.
The ETF is structured to track Bitcoin’s market price directly—without requiring investors to hold or manage the cryptocurrency themselves. This approach simplifies exposure to the digital asset and reflects the broader shift in how investors are choosing to engage with crypto: through secure, familiar financial vehicles rather than self-custody.
The ETF filing is the latest in a series of crypto-focused initiatives from TMTG. Earlier this year, the company filed trademarks for several financial products under the Truth.Fi label, including Bitcoin and energy-themed ETFs. These trademarks point to a larger vision of developing a suite of conservative-leaning investment offerings tied to national themes like U.S. energy and economic independence.
In May, TMTG also revealed plans to raise up to $3 billion to build a Bitcoin reserve, signaling the firm’s commitment to weaving digital assets into its broader corporate strategy—mirroring the path taken by early corporate adopters like MicroStrategy.
The timing aligns with growing momentum around spot Bitcoin ETFs, which received their first regulatory nod in early 2024. Since then, products like BlackRock’s iShares Bitcoin Trust have rapidly gathered assets, underscoring market appetite for crypto exposure within a compliant framework. BlackRock’s fund alone now manages over $71 billion in assets, showcasing the scale of demand.
TMTG’s involvement in the ETF space is a continuation of its pivot toward digital finance and aligns with Donald Trump’s increasingly vocal support for the crypto industry. As the SEC begins its review of the Truth Social ETF proposal, a final decision could arrive within months—potentially adding a politically charged new name to the expanding landscape of regulated Bitcoin investment products.
Metaplanet is aggressively expanding its Bitcoin holdings through an unconventional $5.4 billion capital raise, positioning itself as a leading BTC proxy in Asia.
BlueBird Mining Ventures, a London-listed firm traditionally focused on gold, is making headlines after announcing it will liquidate its gold reserves and begin accumulating Bitcoin as a treasury asset.
Bitcoin tumbled sharply today, shedding more than 3.5% in a matter of hours and briefly flirting with the critical $100,000 level.
Bitcoin is treading water near $105,000, but pressure is building on both sides of the trade as macro forces tighten.