Trump Media & Technology Group has filed an S-1 registration form with the US Securities and Exchange Commission (SEC) to launch the Truth Social Bitcoin ETF. This filing was made on June 5 and outlines that the Trust's assets will primarily consist of Bitcoin held by a custodian. If the ETF is approved, Crypto.com will serve as its exclusive custodian and liquidity provider. The document indicates that prospective shareholders should be aware of potential conflicts of interest, including the possibility of front-running transactions. The filing also includes provisions that the ETF's sponsor will abandon any incidental rights associated with Bitcoin forks. The fees for the fund have yet to be determined, and this move is part of a growing trend of cryptocurrency products seeking regulatory approval in the US.

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