Trump Media Files Bitcoin ETF With SEC, BTC Price Jumps 3%

Trump Media and Technology Group, founded by Donald Trump, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin ETF under the Truth Social brand. This move, if approved, would provide mainstream investors with exposure to BTC through publicly traded shares, potentially opening the door to broader retail adoption. The ETF will trade on NYSE Arca and will directly hold bitcoin, rather than using derivatives or leverage. Yorkville America Digital, a Florida-based firm specializing in digital asset strategies, is sponsoring the fund, while Crypto.com will serve as custodian and liquidity provider.

The filing marks a rare intersection of crypto, politics, and Wall Street—and puts Bitcoin back in the headlines. Some view regulatory risk due to the political link, while others believe it enhances legitimacy. The ETF will trade on NYSE Arca and will directly hold bitcoin, rather than using derivatives or leverage. Yorkville America Digital, a Florida-based firm specializing in digital asset strategies, is sponsoring the fund, while Crypto.com will serve as custodian and liquidity provider.

From a technical standpoint, the Bitcoin price prediction remains bearish as long as it holds below the $106,000 mark. BTC remains in recovery mode after falling to $100,519 earlier this week. It has since bounced over 3%, climbing to $103,981, as bulls retest a key resistance level following a breakdown from a symmetrical triangle pattern. The breakdown was swift, triggered by high volume and a long-bodied bearish candle. However, dip buyers showed strength at the $100.5K zone, forming a bullish engulfing candle and pushing BTC above the 50-period EMA at $104,358.

Technically, BTC still faces strong resistance at the horizontal zone of $104,547 to $106,308, the 200 EMA at $106,308, and a key trendline turned resistance. Momentum indicators, such as the MACD, have flipped bullish, signaling potential continuation; however, confirmation above $104,600 remains essential.

With rising institutional interest and now Trump-linked political exposure, the conversation around a six-figure Bitcoin is heating up again. BTC’s previous all-time high of nearly $69,000 was primarily driven by institutional FOMO and ETF anticipation. The Truth Social ETF, if approved, could reignite similar dynamics—but with even greater political visibility. For BTC to reach $200K, it needs sustained ETF inflows, global liquidity support, and a breakout above $110K macro resistance. A breakout above $104,600 could justify a long entry at $104,800, with a target of $106,300–$107,600. If BTC can reclaim the wedge structure and hold above the 200 EMA, mid-term bulls could set their sights beyond $110K, setting the stage for the $200K debate to gain real traction.