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Trump Media Shakes Markets with Truth Social Bitcoin ETF Filing—Crypto Just Got Political

Trump Media Shakes Markets with Truth Social Bitcoin ETF Filing—Crypto Just Got Political

Author:
Coingape
Published:
2025-08-11 12:40:24
21
1

Trump Media just lobbed a grenade into both crypto and legacy finance—filing paperwork for a Truth Social-branded Bitcoin ETF. Because nothing says 'disrupt the system' like merging meme stocks, partisan media, and digital gold.

Wall Street's gonna hate this one. The move could funnel MAGA retail dollars directly into crypto—bypassing traditional gatekeepers. Meanwhile, SEC lawyers are probably drafting rejection letters in iambic pentameter.

Here's the kicker: The filing drops as Bitcoin flirts with $50K again. Coincidence? In crypto, there are no coincidences—just leveraged opportunities. And if approved? This ETF would let Truth Social users YOLO their stimulus checks without leaving the app. Genius or grotesque? Yes.

Bonus jab: Nothing unites libertarian crypto bros and populist conservatives quite like hating the same elites... until the rug pull.

Trump Media Files for Truth Social Bitcoin ETF

Trump Media & Technology Group (DJT) has filed an amended registration statement with the SEC for its Truth Social Bitcoin ETF (ticker: B.T.). This ETF will hold Bitcoin directly and is sponsored by Yorkville America Digital. Crypto.com will be the exclusive custodian, prime execution agent, and liquidity provider. The ETF, set to list on NYSE Arca, is awaiting SEC approval, aiming to give investors direct exposure to Bitcoin through a regulated exchange-traded fund.

|Square

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