Trump Media’s BTC and ETH ETF Application
U.S. President Donald Trump’s media company Trump Media & Technology Group has applied to the U.S. Securities and Exchange Commission (SEC) for two new exchange-traded funds (ETFs) through Truth Social Funds. These are the Truth Social Bitcoin (BTC detailed analysis) and Ether (ETH) ETF, as well as the Truth Social Cronos (CRO) Yield Maximizer ETF. The applications have not yet taken effect and are subject to SEC review. Yorkville America Equities investment advisor, Crypto.com will provide custody, liquidity, and staking services. A 0.95% management fee is envisioned for each fund. The BTC and ETH fund tracks the performance of these cryptocurrencies and will also include ETH staking rewards; the CRO fund will track the performance and staking income of CRO, the native token of the Cronos blockchain.
The company previously announced partnerships with Crypto.com including “Made in America” ETFs and the purchase of 684,4 million CRO (approximately 105 million dollars). Spot Bitcoin ETFs experienced net outflows for four consecutive weeks; 360 million dollars were withdrawn last week (SoSoValue data).
Spot Bitcoin ETFs outflow streak. Source: SoSoValue
BTC Market Developments
Concurrently with these developments, according to Arkham data, Binance’s SAFU fund purchased 4.545 BTC worth 304,58 million dollars. NYSE American is working on option listings for commodity-based and multi-crypto ETFs (February 14, 2026).
BTC Technical Outlook
- Price: $69,365.61 (+4.64% 24h)
- RSI: 36.05 (Oversold)
- Trend: Downtrend, Supertrend: Bearish
- Supports: S1 $65,346 (Strong), S2 $60,000
- Resistances: R1 $71,248 (Strong), R2 $78,145
BTC futures should be monitored; if ETF flows recover, an upside breakout is possible.
Source: https://en.coinotag.com/trump-media-btc-and-eth-etf-application
