Yorkville America Digital, an asset manager that partnered with Trump Media & Technology Group in April, has applied to the U.S. Securities and Exchange Commission to list a spot bitcoin exchange-traded fund branded with President Donald Trump’s Truth Social platform.

The application for the Truth Social Bitcoin ETF was submitted by NYSE Arca on behalf of Yorkville America Digital.

The ETF will track the price of bitcoin, with assets held in custody by Foris DAX Trust Co., a firm with links to Crypto.com.

This story is an excerpt from the Unchained Daily newsletter.

Trump Media confirmed last week that it plans to raise $2.5 billion for a bitcoin treasury as it expands its efforts to integrate digital assets into its financial strategy.

NFT marketplace Magic Eden also announced the launch of a Trump-branded crypto wallet on Tuesday. Trump’s sons quickly denied any involvement with the project.