PANews|5月 20, 2026 02:17
[Truth Social Withdraws Two Other Crypto ETF Applications Besides Bitcoin ETF]
According to Cointelegraph, asset management firm Yorkville America has applied to withdraw several crypto ETF applications submitted on behalf of Truth Social, owned by Trump, due to a shift in product strategy. The company stated it would abandon products registered under the Securities Act of 1933 and transition to structures under the Investment Company Act of 1940, which it believes offer stronger investor protection and tax efficiency. The withdrawn products include the Truth Social Bitcoin ETF, the Bitcoin and Ethereum ETF, and the Crypto Blue-Chip ETF.
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