According to Eric Balchunas, Trump’s company has officially filed for a Truth Social Bitcoin ETF that will track spot bitcoin and be listed on the NYSE (source: Eric Balchunas, Twitter, June 3, 2025). This move signals growing institutional interest in bitcoin exposure and could drive increased liquidity and volatility in BTC trading. Traders should monitor potential inflows from traditional equity markets, as a NYSE-listed spot bitcoin ETF may attract new investor segments, further bridging crypto and conventional finance sectors.