Trump Media Files Registration Statement for Bitcoin and Ethereum ETF

Core Viewpoint - Trump Media and Technology Group Corp. has filed for the Truth Social Bitcoin and Ethereum ETF, which will directly hold Bitcoin and Ether, with a 75% allocation to Bitcoin and 25% to Ether, aiming to reflect their price performance [1][2]. Group 1: ETF Details - The ETF will be custodied by Crypto.com, which will also serve as the prime execution agent, staking, and liquidity provider [2]. - The launch of the ETF is contingent upon the effectiveness of the Registration Statement and SEC approval of a Form 19b-4 filing [2]. - Upon launch, the ETF shares will be listed on NYSE Arca, with Yorkville America Digital acting as the sponsor [2]. Group 2: Company Overview - Trump Media's mission is to combat Big Tech's censorship and promote free speech through its platforms, including Truth Social and Truth+ [4]. - The company is also developing Truth.Fi, a financial services and FinTech brand focused on America First investment vehicles [4].