The New York Stock Exchange submitted Truth Social's Bitcoin and Ethereum ETF application documents to the U.S. SEC

ChainCatcher news, according to Decrypt, the New York Stock Exchange (NYSE) has submitted a rule change application to the SEC to allow the listing of the Truth Social Bitcoin and Ethereum ETF from Trump Media & Technology Group.

The application was submitted eight days after Trump Media filed the prospectus for the Truth Social Bitcoin and Ethereum ETF in partnership with Yorkville America, which will have a holding ratio of 75% Bitcoin and 25% Ethereum. Crypto.com will act as the custodian, execution agent, and liquidity provider. This so-called 19b-4 rule change is an important step in the regulatory process for considering ETFs, but it does not compel the SEC to approve the product.