According to The Kobeissi Letter, President Trump's Truth Social has officially filed for a Truth Social Bitcoin and Ethereum ETF. This move, reported on June 16, 2025, signals a potential increase in institutional access to BTC and ETH, which could trigger heightened liquidity and volatility in the cryptocurrency markets. Traders should monitor regulatory developments and trading volume shifts closely, as ETF approval could drive both price and sentiment changes for Bitcoin and Ethereum. (Source: @KobeissiLetter)