Watchdog Public Comment Urges SEC to Reject Trump Media’s Crypto ETF Product on New York Stock Exchange

Washington D.C. – Today, government watchdog Accountable.US submitted a public comment to the Securities and Exchange Commission urging the agency to reject Proposed Rule SR-NYSEARCA-2025-45 that would allow the listing of Trump Media & Technology Group’s new Bitcoin-Ethereum ETF on the New York Stock Exchange (NYSE). The proposal to legitimize a highly unstable crypto asset on the largest U.S. stock exchange is riddled with conflicts of interest on both sides of the NYSE filing in favor of President Trump’s crypto business empire. 

 “With job growth on the decline, millions set to lose their health care under the Trump budget, and Trump tariffs driving up costs on necessities, President Trump is focused instead on hatching as many crypto deals as possible to pad his family fortune,” said Accountable.US President Caroline Ciccone. “One such self-enrichment crypto scheme is currently before financial regulators, put forward by Trump loyalists on Wall Street for the consideration of Trump loyalists inside the SEC. If the conflicts of interest and potential knock against the SEC’s integrity are not reason enough for the agency to reject this rule, the threat to the financial system of introducing highly volatile Trump crypto assets into the stock market that are a magnet for corruption should be.”  

CLICK HERE TO VIEW ACCOUNTABLE.US’ PUBLIC COMMENT ON PROPOSED RULE SR-NYSEARCA-2025-45

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