{"id":30141,"date":"2025-06-04T10:01:46","date_gmt":"2025-06-04T10:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30141"},"modified":"2025-06-04T10:01:46","modified_gmt":"2025-06-04T10:01:46","slug":"trump-backed-bitcoin-etf-seeks-sec-approval","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30141","title":{"rendered":"Trump-Backed Bitcoin ETF Seeks SEC Approval"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Yep, you read that right. <\/span><span data-preserver-spaces=\"true\">Truth Social, the social media platform backed by Donald Trump, is diving into crypto, specifically<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">it wants<\/span><span data-preserver-spaces=\"true\"> its <\/span><span data-preserver-spaces=\"true\">very<\/span><span data-preserver-spaces=\"true\"> own Bitcoin ETF.<\/span><span data-preserver-spaces=\"true\"> On June 3, NYSE Arca filed the paperwork with the Securities and Exchange Commission (SEC) to list what would officially be called the Truth Social Bitcoin ETF.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It\u2019s a bold <\/span><span data-preserver-spaces=\"true\">move,<\/span><span data-preserver-spaces=\"true\"> and one that puts Trump\u2019s media company squarely in the middle of the crypto investment craze. But this isn\u2019t just another ETF filing. It\u2019s coming with some political heat, a hint of branding flair, and an eye on a fast-growing market.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What\u2019s in the Filing?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">NYSE Arca\u2019s submission is <\/span><span data-preserver-spaces=\"true\">basically<\/span><span data-preserver-spaces=\"true\"> a request to <\/span><span data-preserver-spaces=\"true\">change<\/span><span data-preserver-spaces=\"true\"> the rules <\/span><span data-preserver-spaces=\"true\">so<\/span><span data-preserver-spaces=\"true\"> this new ETF <\/span><span data-preserver-spaces=\"true\">can<\/span><span data-preserver-spaces=\"true\"> trade on its exchange.<\/span><span data-preserver-spaces=\"true\"> The fund itself would give people a way to invest in Bitcoin without actually owning or managing any of it. No wallets, no seed phrases, no sweaty palms every time Bitcoin dips. Just shares you can buy and sell like any other stock.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">*BREAKING*<\/p>\n<p>President Trump\u2019s social media firm Truth Social to launch a spot <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinETF?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#BitcoinETF<\/a>.<\/p>\n<p>NYSE Arca submitted docs to the SEC on Tuesday.<\/p>\n<p>According to insiders, expense ratios for the ETF are unlikely to be neither &#8216;Big&#8217; nor &#8216;Beautiful&#8217;.<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/DigitalAssets?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#DigitalAssets<\/a> <a href=\"https:\/\/t.co\/Z01b59TwvS\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/Z01b59TwvS<\/a><\/p>\n<p>\u2014 James McKay (@McKayResearch) <a href=\"https:\/\/twitter.com\/McKayResearch\/status\/1930105398075228538?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 4, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">These types of ETFs exploded in popularity in <\/span><span data-preserver-spaces=\"true\">2024,<\/span><span data-preserver-spaces=\"true\"> when the SEC finally gave the green light to companies like BlackRock, Fidelity, and Ark Invest. <\/span><span data-preserver-spaces=\"true\">Those funds <\/span><span data-preserver-spaces=\"true\">pulled in<\/span><span data-preserver-spaces=\"true\"> billions<\/span><span data-preserver-spaces=\"true\">, <\/span><span data-preserver-spaces=\"true\">fast<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> So it\u2019s no surprise Trump\u2019s camp wants a piece of the action.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Why Truth Social, Though?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Here\u2019s where things get interesting. <\/span><span data-preserver-spaces=\"true\">Truth Social <\/span><span data-preserver-spaces=\"true\">isn\u2019t<\/span><span data-preserver-spaces=\"true\"> just a social media site <\/span><span data-preserver-spaces=\"true\">anymore<\/span><span data-preserver-spaces=\"true\">.<\/span> <span data-preserver-spaces=\"true\">Trump<\/span><span data-preserver-spaces=\"true\"> Media has been laying the <\/span><span data-preserver-spaces=\"true\">groundwork<\/span><span data-preserver-spaces=\"true\"> for a bigger push into financial products, especially crypto.<\/span><span data-preserver-spaces=\"true\"> Earlier this year, they filed trademarks for several Bitcoin-focused funds. They even floated names like \u201cTrump Digital\u201d and \u201cTMTG Digital World ETF.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This Bitcoin ETF would be the first actual product to <\/span><span data-preserver-spaces=\"true\">come out of<\/span><span data-preserver-spaces=\"true\"> those plans. And let\u2019s be honest, it would surely be the only ETF on the market with the Truth Social name <\/span><span data-preserver-spaces=\"true\">on it<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Politics, Timing, and the Bigger Play<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">This isn\u2019t happening in a vacuum. Trump is running for president again, and his messaging has leaned into crypto more than ever. <\/span><span data-preserver-spaces=\"true\">He\u2019s<\/span><span data-preserver-spaces=\"true\"> been <\/span><span data-preserver-spaces=\"true\">talking about<\/span><span data-preserver-spaces=\"true\"> self-custody, <\/span><span data-preserver-spaces=\"true\">bashing<\/span><span data-preserver-spaces=\"true\"> central bank digital currencies, and <\/span><span data-preserver-spaces=\"true\">encouraging<\/span><span data-preserver-spaces=\"true\"> campaign donations in <\/span><span data-preserver-spaces=\"true\">crypto<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> All of that makes this ETF move feel very on-brand.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It\u2019s also smart timing. Spot Bitcoin ETFs are one of the hottest products on Wall Street <\/span><span data-preserver-spaces=\"true\">right now<\/span><span data-preserver-spaces=\"true\">. Since January 2024, they\u2019ve pulled in over $50 billion in assets. Investors like them because they make Bitcoin feel more familiar, more regulated, and honestly, a lot easier to deal with.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\"><strong style=\"font-size: 16px\">DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/span><\/h2>\n<h2><span data-preserver-spaces=\"true\">Will the SEC Go for It?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">That\u2019s the big question. The SEC now has up to 240 days to respond to the filing, although it often rules sooner. <\/span><span data-preserver-spaces=\"true\">There\u2019s<\/span><span data-preserver-spaces=\"true\"> no guarantee the Truth Social ETF will <\/span><span data-preserver-spaces=\"true\">make it through<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> The agency could raise concerns about custody, pricing, or even <\/span><span data-preserver-spaces=\"true\">the branding<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><strong><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_684018356942b\" data-coin-id=\"btc-bitcoin\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n                <img id=\"crypto_chart_684018356942b-chart__info-icon-img\">\n            <\/div>\n<div class=\"chart__info-name\" id=\"crypto_chart_684018356942b-chart__info-name\">&#8211;<\/div>\n<div class=\"chart__info-label\">Price<\/div>\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_684018356942b-chart__info-symbol\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_684018356942b-chart__info-price\">&#8211;<\/div>\n<div class=\"chart__info-value\" id=\"crypto_chart_684018356942b-chart__info-marketcap\">&#8211;<\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--24h\" id=\"crypto_chart_684018356942b-btn-24h\">24h<\/button><br \/>\n                <button class=\"chart__button chart__button--7d\" id=\"crypto_chart_684018356942b-btn-7d\">7d<\/button><br \/>\n                <button class=\"chart__button chart__button--30d\" id=\"crypto_chart_684018356942b-btn-30d\">30d<\/button><br \/>\n                <button class=\"chart__button chart__button--1y\" id=\"crypto_chart_684018356942b-btn-1y\">1y<\/button><br \/>\n                <button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_684018356942b-btn-all-time\">All Time<\/button>\n            <\/div>\n<div class=\"chart__controls-group\">\n                <button class=\"chart__button chart__button--logarithmic\" id=\"crypto_chart_684018356942b-btn-log\">Log<\/button>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n        <canvas class=\"chart__canvas\" id=\"crypto_chart_684018356942b-cryptoChart\"><\/canvas>\n    <\/div>\n<\/div>\n<p><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Still, Trump\u2019s media company is clearly betting that its name, timing, and the growing popularity of crypto will give it a shot.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What This All Means<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">In short, Trump\u2019s not just tweeting about Bitcoin anymore. <\/span><span data-preserver-spaces=\"true\">His company <\/span><span data-preserver-spaces=\"true\">wants<\/span><span data-preserver-spaces=\"true\"> to <\/span><span data-preserver-spaces=\"true\">plant<\/span><span data-preserver-spaces=\"true\"> a <\/span><span data-preserver-spaces=\"true\">flag<\/span><span data-preserver-spaces=\"true\"> in the investment world, and <\/span><span data-preserver-spaces=\"true\">it\u2019s using<\/span><span data-preserver-spaces=\"true\"> one of crypto\u2019s most popular products to <\/span><span data-preserver-spaces=\"true\">do it<\/span><span data-preserver-spaces=\"true\">.<\/span> <span data-preserver-spaces=\"true\">Whether it\u2019s politics, profits, or a <\/span><span data-preserver-spaces=\"true\">bit<\/span><span data-preserver-spaces=\"true\"> of both, one <\/span><span data-preserver-spaces=\"true\">thing\u2019s<\/span><span data-preserver-spaces=\"true\"> clear<\/span><span data-preserver-spaces=\"true\">: <\/span><span data-preserver-spaces=\"true\">Bitcoin just <\/span><span data-preserver-spaces=\"true\">got<\/span><span data-preserver-spaces=\"true\"> even more mainstream.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Truth Social has filed for a Bitcoin ETF through NYSE Arca, marking a major shift into crypto by Trump\u2019s media company.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The proposed ETF would let investors gain exposure to Bitcoin without directly holding the asset, mirroring other spot Bitcoin ETFs.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        This move aligns with Trump\u2019s pro-crypto stance, reinforcing his 2024 campaign narrative of self-custody and anti-CBDC policies.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump Media previously filed trademarks for other crypto products, but this ETF is the first concrete step toward launching one.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The SEC now has up to 240 days to decide on approval, but political branding and regulatory scrutiny could affect the outcome.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/adoption\/trump-backed-bitcoin-etf-seeks-sec-approval\/\">Trump-Backed Bitcoin ETF Seeks SEC Approval<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yep, you read that right. Truth Social, the social media platform backed by Donald Trump, is diving into crypto, specifically, it wants its very own Bitcoin ETF. On June 3, NYSE Arca filed the paperwork with the Securities and Exchange Commission (SEC) to list what would officially be called the Truth Social Bitcoin ETF. It\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30141","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30141"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30141\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}