Yorkville America Digital Seeks Approval for Truth Social Bitcoin ETF with Foris DAX Trust Company as Custodian
ICARO Media Group
**Yorkville America Digital Files for Truth Social Bitcoin ETF**
Yorkville America Digital, a key partner of Trump Media & Technology Group—the entity behind Truth Social—has officially filed for a new Bitcoin exchange-traded fund (ETF). If the proposal is approved, the fund will be known as the Truth Social Bitcoin ETF.
Should the ETF gain regulatory approval, its assets will be securely managed by Foris DAX Trust Company, the same custodian responsible for looking after Crypto.com's assets. This partnership underscores the reliability and security measures being taken for the forthcoming ETF.
Helene, a New York-based markets reporter for CoinDesk, brings the latest insights from Wall Street, including updates on the rise of spot bitcoin ETFs and other crypto market developments. With a solid academic background from New York University's business and economic reporting program, Helene is a recognized voice in the finance community, having also appeared on CBS News, YahooFinance, and Nasdaq TradeTalks. Notably, she holds investments in both Bitcoin (BTC) and Ethereum (ETH).