Trump Media, the company behind Truth Social, has taken another big step into the crypto world. On June 24, it filed a Form 19b-4 with U.S. regulators to get approval for a new Bitcoin and Ethereum ETF (exchange-traded fund).
This ETF, under the ticker "B.T.", would hold:
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75% Bitcoin
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25% Ethereum
It’s designed to give both everyday people and big investors easy access to these two top cryptocurrencies through normal stock market platforms like NYSE Arca.
🧊 Who's Involved?
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Sponsor: Yorkville America Digital
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Custodian: Foris DAX Trust Company (a Crypto.com partner)
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Cold storage: Used to keep the crypto assets safe
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Other roles by Crypto.com: Trading, staking, and liquidity services
📄 What’s in the Filing?
This is part of a 2-step process:
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Form S-1 (already filed June 16): Covers how the ETF will work and its structure
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Form 19b-4: Requests approval to list and trade the ETF on the stock exchange
Now that both forms are in, the SEC will begin reviewing the ETF.
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The SEC has up to 240 days to decide.
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But we might see an update in about 45 days.
🪙 Not the First Crypto ETF from Trump Media
This is actually Trump Media’s second crypto ETF:
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The first ETF, filed on June 3, focuses only on Bitcoin
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Both funds use the same sponsor and custodian
The SEC is still reviewing that first Bitcoin ETF, with a final deadline of Jan. 29, 2026 (if all extensions are used).
Trump Media is clearly betting big on the future of crypto ETFs—and now it's adding Ethereum to the mix.
Disclaimer: This article is only for
information and not financial advice. The opinions shared here may be the
writer’s personal views. Please do your own research before making any
investment choices. We are not responsible for any money you may lose.
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