Truth Social submits applications for Bitcoin and Ethereum ETFs

Source
Son Min

Summary

  • Truth Social has reportedly submitted applications for Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs).
  • According to Walter Bloomberg, Truth Social filed applications for Bitcoin ETF and Ethereum ETF with the U.S. Securities and Exchange Commission (SEC).
  • It is expected that, if Truth Social's ETF applications are approved, market accessibility to these assets will be expanded.

Truth Social, the social media (SNS) company of U.S. President Donald Trump, has reportedly submitted applications (S-1) for Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs).

According to Walter Bloomberg on the 16th (local time), Truth Social filed the application documents for the Bitcoin ETF, 'Truth Social Bitcoin ETF', and the Ethereum ETF, 'Truth Social Ethereum ETF', with the U.S. Securities and Exchange Commission (SEC).

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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