Trump Media & Technology Group has submitted an amended S-1 registration statement to the U.S. Securities and Exchange Commission for its proposed Truth Social Bitcoin ETF, according to the filing released on Monday. The updated prospectus confirms the fund intends to hold bitcoin directly, making it a spot Bitcoin exchange-traded fund. Crypto.com is named as the exclusive custodian responsible for safeguarding the ETF’s bitcoin holdings. People familiar with the matter said the company aims to bring the product to market later this year, subject to SEC approval. The revision underscores intensifying competition among issuers seeking to launch spot Bitcoin ETFs in the United States.