SEC Delays Decision on Trump-Linked Truth Social Bitcoin ETF Until September

Description

The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on whether to approve an exchange-traded fund (ETF) proposed by Truth Social, the social media platform affiliated with Donald Trump. The delay, announced Monday , gives the agency until September 18 to decide on whether to approve the Truth Social Bitcoin ETF. The fund application was submitted in June by Trump Media & Technology Group, which operates the social platform and has increasingly positioned itself as a pl...