Trump Media & Technology Group has announced the filing of an updated registration for a Bitcoin ETF for its platform Truth Social, awaiting SEC approval.
Registration Requirements for Bitcoin ETF
On August 11, 2025, the company filed the first amendment to its registration statement (Form S-1) with the SEC for the Bitcoin ETF under the ticker B.T. The ETF will directly hold Bitcoin, rather than just contracts that track its price.
Role of Crypto.com in Asset Management
The updated filing states that Crypto.com will act as the official custodian for the Bitcoin held by the ETF, responsible for securely storing these digital assets on behalf of the fund.
Awaiting SEC Approval for the ETF
Bitcoin ETFs have gained popularity as they simplify the investment process for regular investors. While the ETF is still awaiting SEC approval, the updated filing shows the company is working to meet regulatory requirements.
If the ETF is approved, it will become part of the growing list of U.S.-based Bitcoin ETFs, providing investors with access to the cryptocurrency.
