Bitcoin News Today: TMTG Submits Amended Bitcoin ETF Filing to SEC with Crypto.com Partnership

Trump Media & Technology Group (TMTG) has submitted an amended version of its S-1 filing for a Bitcoin spot ETF to the U.S. Securities and Exchange Commission (SEC). This revised filing, submitted under the Truth Social Bitcoin ETF, represents a key development in the company’s digital asset strategy and marks a procedural step in the ETF approval process [1]. The proposed fund intends to directly hold Bitcoin and track its price performance, with shares expected to be listed on the NYSE Arca.

The ETF structure includes notable industry participants, such as Crypto.com, which has agreed to serve as the exclusive Bitcoin custodian, primary executing broker, and liquidity provider [1]. Yorkville U.S. Digital Corp. has been designated as the ETF sponsor, further highlighting the involvement of specialized financial services firms in the proposed product.

This filing follows TMTG’s earlier commitment to expand its offerings in the digital finance space, including the launch of dedicated digital asset ETFs and managed investment products [2]. The revision of the S-1 filing indicates ongoing engagement with regulators and adjustments to the fund’s structure, a common practice during the SEC review process. While the filing does not guarantee approval, it suggests TMTG is actively addressing potential regulatory concerns.

The broader context of TMTG’s initiative includes the SEC’s ongoing deliberation on the viability of Bitcoin ETFs. Several firms have submitted similar proposals, reflecting growing institutional interest in regulated crypto investment vehicles. The regulatory environment remains complex, and while the amended filing may enhance TMTG’s chances of approval, the final decision rests entirely with the SEC.

If approved, the Truth Social Bitcoin ETF could offer a new avenue for both retail and institutional investors to access Bitcoin in a regulated and transparent manner. This could potentially boost liquidity in the crypto market and reinforce TMTG’s position as a significant player in the digital asset space. However, TMTG will face competition from other firms pursuing similar products, which may influence the market’s reception and performance of the ETF.

TMTG’s move underscores the evolving intersection of traditional finance and digital assets. As the crypto market continues to mature, regulatory clarity and institutional participation are becoming increasingly critical. The success of TMTG’s Bitcoin ETF initiative will depend largely on how the SEC interprets its compliance measures and risk management framework.

Source:

[1] BlockBeats (https://www.theblockbeats.info/en/flash/306865)

[2] KuCoin (https://www.kucoin.com/news)

[3] The New Yorker (https://www.newyorker.com/magazine/2025/08/18/the-number)