Wu Shuo has learned that NYSE Arca has submitted a rule change proposal to the U.S. Securities and Exchange Commission to list and trade the Truth Social Bitcoin ETF under Rule 8.201-E. The fund is managed by Yorkville America Digital, LLC, primarily holding Bitcoin custodied by Foris DAX Trust Company. Its goal is to track the spot price performance of Bitcoin, providing investors with an easier investment channel compared to directly holding the cryptocurrency.

<div>Wu reported that NYSE Arca has submitted a rule change proposal to the U.S. Securities and Exchange Commission to list and trade the Truth Social Bitcoin ETF under Rule 8.201-E. The fund is managed by Yorkville America Digital, LLC and primarily holds Bitcoin custodied by Foris DAX Trust Company. Its objective is to track the spot price performance of Bitcoin, offering investors a simpler investment channel compared to directly holding the cryptocurrency.<br><br></div>

Truth Social Plans to Launch Bitcoin Spot ETF, NYSE Arca Files Listing Application