In a twist worthy of a tale spun from the finest threads of a Moscow bazaar, the illustrious Trump Media & Technology Group-let’s call it DJT for brevity’s sake, lest our tongues become tired-has taken the audacious step of submitting an *amended* registration statement to the gallant guardians of finance, known as the SEC. The subject of this grand occasion? None other than its gloriously named Truth Social Bitcoin ETF, which, to the astute observer, shall henceforth be referred to by its more pedestrian ticker: B.T. 👀
Ah, but what is this ETF, dear reader? Imagine a shimmering box, bedecked with Bitcoin rather than the usual trinkets of lesser endeavors! It promises to hold Bitcoin directly-imagine that! Sponsored, of all entities, by Yorkville America Digital; yes, the very name conjures visions of a frenzied gold rush in the heart of the digital landscape. Crypto.com, said to be exclusively entrusted with the custodianship of this illustrious endeavor, will don the proud titles of custodian, prime execution agent, and liquidity provider, all while balancing on one leg, perhaps 🔄.
Now, gather ‘round, those with either a heart full of optimism or a penchant for the absurd, for the ETF is primed to list upon the exalted NYSE Arca! But not yet! Oh no! It patiently awaits the nod of approval from the SEC, like an eager suitor biding time before approaching the fair maiden of finance. The noble aim? To give investors-a rather curious folk, if ever there were-direct exposure to Bitcoin through a fund that pretends to channel the wild currents of the regulated exchange-traded world. Can you imagine? A regulated venture amidst the chaos of the crypto circus! That’s a recipe for intrigue, if I ever heard one. 🎩
So hold on to your wigs and cravats, dear companions, for this is just the beginning in a tale that promises more twists than a poorly written melodrama!
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2025-08-11 16:42