Trump's social platform Truth Social submits Bitcoin ETF application

ChainCatcher news, according to The Block, Trump's social media platform Truth Social has submitted a Bitcoin ETF application to the U.S. Securities and Exchange Commission (SEC).

The Arca division of the New York Stock Exchange submitted Form 19b-4 on June 3, and the ETF aims to track the performance of Bitcoin prices. The ETF is sponsored by "America First" asset management company Yorkville America Digital.