PANews reported on June 6 that according to Crypto Briefing, Trump's social platform Truth Social has registered the "Truth Social Bitcoin and Ethereum ETF" investment trust in Nevada, marking its official entry into the field of crypto asset investment. The trust focuses on two major mainstream assets, Bitcoin and Ethereum, and has not yet publicly submitted a formal prospectus to the SEC. At the same time, the partner Yorkville America Digital submitted a 19b-4 form to the SEC on June 3 to apply for the ETF to be traded on NYSE Arca.

It was reported yesterday that Truth Social has submitted the S-1 filing for Bitcoin ETF to the US SEC .