According to @FoxNews, the New York Stock Exchange has submitted a 19b-4 rule change filing to enable the listing of the Truth Social Bitcoin and Ethereum ETF, a new fund proposed by Trump Media and Technology Group. This filing is a crucial procedural step toward public trading, although it does not guarantee approval. The proposed ETF plans to hold Bitcoin (BTC) and Ether (ETH) in a 3:1 ratio, with Crypto.com designated as the custodian and liquidity provider. This development follows a previous announcement from Trump Media about its intention to raise $2.4 billion for a corporate BTC treasury. In a related development, the Trump-affiliated World Liberty Foundation announced a significant policy reversal for its WLFI token. The foundation stated on its official X account that it is working to make the WLFI token transferable, which would allow it to be traded on secondary markets after initially being non-transferable. No specific timeline for this change was provided.

According to the report, the New York Stock Exchange has submitted a rule change under the SEC's 19b-4 process to list Trump Media's Truth Social Bitcoin and Ethereum ETF, which would hold BTC and ETH in a 3:1 ratio with Crypto.com as custodian and liquidity provider, potentially increasing institutional demand and market liquidity for both cryptocurrencies if approved, as per the SEC filing.