Markets, Trump, ETF, Bitcoin, Ethereum, News Trump Media’s BTC-ETH fund pushes deeper into crypto as NYSE files rule change and political backing grows.
President Donald Trump’s media company is accelerating its crypto play.
The New York Stock Exchange filed for a rule change on Tuesday that would enable it to list the Truth Social Bitcoin and Ethereum ETF, a dual-asset fund proposed just last week by Trump Media and Technology Group.
If approved, the ETF would hold bitcoin BTC and ether ETH in a 3:1 ratio and be custodied and executed by Crypto.com, which also serves as the fund’s liquidity provider.
The filing, made under the SEC’s 19b-4 process, marks a key procedural step toward public trading but doesn’t guarantee approval.
It comes less than a month after Trump Media said it would raise $2.4 billion to build its own BTC treasury, though there have been no announced purchases so far.
Beyond the Truth Social ETF filings, Trump Media and Yorkville are planning a full suite of politically branded crypto products, including the America First Bitcoin Fund, the America First Blockchain Leaders Fund, and the America First Stablecoin Income Fund.
Only the Truth-branded ETFs have been formally filed with the SEC so far.
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