Media company TMTG wants to register a spot bitcoin ETF
Trump Media & Technology Group (TMTG), the media company that owns the social network Truth Social, has officially filed with the U.S. Securities and Exchange Commission (SEC) to register a spot Bitcoin ETF called the Truth Social Bitcoin ETF.

At the same time, the NYSE has submitted its own proposal for a possible listing of the investment product, which could be an important step in its integration into traditional financial markets. The document submitted to the regulator for the first time mentions, among other risks for crypto funds, the potential impact of President Donald Trump and crypto projects associated with him.
In particular, the risks section notes the creation of a special SEC task force to study cryptocurrencies and the Trump administration's March 2025 order to create a state strategic reserve in bitcoins. At the same time, TMTG emphasized that "it is impossible to fully predict the consequences of these measures for the fund, its sponsor, and other participants in the process." It is known that the trademarks associated with the company's planned crypto funds were registered back in February 2025, which made it possible to prepare the legal basis for the launch of the ETF.
Earlier in May, TMTG completed a deal to form a $2.5 billion corporate Bitcoin reserve, which was part of the company's broader strategy to integrate digital assets into its financial model.
Recall that the DeFi project World Liberty Financial (WLF), associated with the Trump family, conducted a token distribution among holders of its native asset WLFI. In particular, 47 USD1 stablecoins were recorded, sent to each address that participated in the previous round of the token sale.