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X @Cointelegraph
Cointelegraph· 2025-08-12 04:00
🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Peter Thiel-backed crypto exchange Bullish increases IPO target to $1B valuation, up 60% from earlier goal, with backing from JPMorgan, Jefferies and Citigroup.🔹 Jack Dorsey's Block plans to offer a full-stack Bitcoin banking suite for small businesses.🔸 Bloomberg reports that Terraform Labs co-founder Do Kwon may plead guilty in a U.S. fraud case over the 2022 $40 billion TerraUSD collapse, with a change-of-plea hearing set for Tuesday.🔹 Forme ...
X @CoinMarketCap
CoinMarketCap· 2025-08-11 15:16
Weekly Crypto Forecast 🎙️📍 Tune in now in CMC : https://t.co/eqDIjGt1G6This Week's Hot Topics 🔥✅ Will tomorrow’s CPI trigger BTC’s next all-time high – or halt the rally? Markets are positioned for volatility, with traders hedging downside risk even as bullish momentum builds. Driven by the upcoming U.S. inflation data, BTC and ETH options open interest have reached $43 billion and $13.9 billion respectively, both near yearly highs.✅ ETF Flows: 401(k) Approval Sparks US$572m Inflows, Led by Ethereum and Bit ...
Trump Media inches closer to Bitcoin ETF launch with new SEC filing
Finbold· 2025-08-11 12:48
Trump Media (NASDAQ: DJT) the company behind Truth Social, Truth+, and the Truth.Fi fintech brand has inched closer to launching its own Bitcoin exchange-traded fund (ETF) after submitting an amended registration to the U.S. Securities and Exchange Commission (SEC) on August 11. The ETF will debut only after two key hurdles: the SEC declaring the registration effective and the regulator approving a related Form 19b-4 submission. Once cleared, the shares are set to list on NYSE Arca, with Yorkville America D ...
X @Wu Blockchain
Wu Blockchain· 2025-08-11 12:20
ETF Filing - Trump Media & Technology Group (DJT) has filed an amended registration statement with the SEC for its Truth Social Bitcoin ETF [1] - The ETF ticker will be B.T and it will hold Bitcoin directly [1] - Crypto com will serve as the ETF's exclusive custodian [1] - Yorkville America Digital remains the sponsor [1] Regulatory & Listing - The ETF is pending SEC approval [1] - The ETF will be listed on NYSE Arca [1]
Trump Media Files Amended Registration Statement for Bitcoin ETF
Globenewswire· 2025-08-11 12:05
Core Viewpoint - Trump Media and Technology Group Corp. has filed an amendment to the registration statement for the Truth Social Bitcoin ETF, which aims to directly hold Bitcoin and reflect its price performance [2][3]. Group 1: ETF Details - The Truth Social Bitcoin ETF will be custodied by Crypto.com, which will also serve as the prime execution agent and liquidity provider [3]. - The ETF's shares will be listed on NYSE Arca upon the effectiveness of the registration statement and SEC approval [3]. Group 2: Company Overview - Trump Media operates the social media platform Truth Social, the streaming service Truth+, and the FinTech brand Truth.Fi, focusing on free speech and family-friendly content [5]. - The company aims to provide investment vehicles that align with an "America First" strategy through its financial services [5].
Trump Media Reports Second Quarter 2025 Results
Globenewswire· 2025-08-01 21:13
Core Insights - Trump Media and Technology Group Corp. reported financial results for the fiscal quarter ending June 30, 2025, highlighting significant growth in financial assets and operational milestones [1][2]. Financial Performance - The company ended the second quarter with approximately $3.1 billion in financial assets, reflecting an 800% year-on-year growth [2]. - Trump Media achieved its first quarter of positive operating cash flow, totaling $2.3 million [4]. - Despite the positive cash flow, the company reported a net loss of $20.0 million for the quarter, influenced by $15.0 million in legal costs related to its 2024 SPAC merger [9]. Bitcoin Treasury Strategy - A key driver of the company's financial growth was the ability to raise nearly $2.4 billion for its Bitcoin treasury strategy, resulting in approximately $2 billion in Bitcoin and related securities [3]. - This strategy positions Trump Media as having one of the largest Bitcoin treasuries among public companies, providing indirect cryptocurrency exposure and enhancing financial security [3]. Product and Service Expansion - The company is advancing its plans for the Patriot Package subscription service for the Truth+ video streaming platform, currently in public Beta testing [5]. - Truth+ subscribers will receive additional features and benefits, including automatic verification on Truth Social and access to enhanced functionalities [5][6]. - A rewards program is being developed, incorporating a utility token for use within the Truth digital wallet, initially for Truth+ subscriptions [6]. Investment Vehicles - Trump Media is pursuing a range of investment vehicles, including Separately Managed Accounts and Exchange Traded Funds (ETFs), with registration statements filed for multiple ETFs [7].
Trump Media Files Registration Statement for Bitcoin ETF
Globenewswire· 2025-06-05 12:43
Custodied by Crypto.com, ETF to Launch Later This Year SARASOTA, Fla., June 05, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“Trump Media” or the “Company”), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today the filing with the U.S. Securities and Exchange Commission of the initial registration statement on Form S-1 (the “Registration Statement”) for the Truth Social Bitcoin ETF, B. ...
Trump's Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing
CNBC· 2025-06-04 00:00
Group 1 - Truth Social platform is moving closer to launching a bitcoin exchange-traded fund (ETF) for everyday investors [1][2] - NYSE Arca has filed to list a bitcoin fund linked to Trump Media, which is a necessary step for regulatory approval [2] - The Truth Social Bitcoin ETF aims to track bitcoin prices, providing a simpler investment method without direct asset ownership [3] Group 2 - Trump Media has partnered with Crypto.com to introduce a range of digital asset products, pending regulatory approval [3][4] - Planned offerings include cryptocurrency baskets and traditional securities, targeting global investors through major brokerage platforms [4] - The bitcoin ETF market has grown significantly since January 2024, reaching over $130 billion in total assets, with BlackRock's iShares Bitcoin Trust being the largest [5] Group 3 - Trump Media & Technology Group, majority-owned by Trump, has made several crypto-related moves, including a $2.5 billion bitcoin treasury plan [6] - If approved, the ETF would be a politically connected entry into the expanding bitcoin fund market [6]