Truth Social Files Bitcoin-Ethereum ETF With SEC

Truth Social, under Trump Media & Technology Group Corp., has made significant moves in the cryptocurrency and financial technology sectors, including filing with the U.S. SEC to launch the Truth Social Bitcoin and Ethereum ETF named “B.T.” and registering a large Bitcoin treasury deal involving millions of shares and convertible notes for resale. These initiatives highlight the company's strategy to expand its offerings across social media, streaming, and FinTech, reinforcing its role in the Patriot Economy. Meanwhile, the cryptocurrency market experienced notable activity influenced by social media, as a tweet from crypto influencer AltcoinGordon sparked discussion and contributed to a short-term price increase in Bitcoin and Ethereum, reflecting cautious optimism among traders. This market movement coincided with gains in the broader tech sector, including stocks like NVIDIA and Microsoft, showing the interconnectedness of tech stocks and crypto markets. Investors are reminded of the high risks associated with trading cryptocurrencies, including volatility and potential losses, emphasizing the need for careful consideration and professional advice. Overall, Truth Social's ventures into crypto ETFs and treasury holdings, combined with market dynamics influenced by social media, position the company and its platforms at the intersection of financial innovation and digital asset trading in 2025.