SEC May Further Delay Decision on Trump-Linked Bitcoin ETF Amid Regulatory Review
Main Idea
The SEC has delayed its decision on the Trump Media-backed Truth Social Bitcoin ETF until September 18, 2025, reflecting regulatory caution amid rising interest in crypto ETFs.
Key Points
1. The SEC extended the review period for the Truth Social Bitcoin ETF from August 4 to September 18, 2025.
2. The delay also affects other crypto ETFs, including Grayscale’s Solana Trust and Canary Capital’s Litecoin ETF, pushing their deadlines to October 2025.
3. The Truth Social Bitcoin ETF aims to provide commodity-based Bitcoin exposure and plans to list on the NYSE Arca exchange.
4. The SEC’s extended review periods indicate concerns over market integrity and investor protection, despite rising demand for crypto ETFs.
5. The delay means investors must wait longer for regulatory clarity, but it ensures thorough risk assessment by the SEC.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The SEC has
Latest News
- Bitcoin Price Compression Suggests Possible Range Expansion Ahead of Fed Decision and White House Crypto Report2025-07-30 00:42:09
- Bitcoin Faces Resistance Near $120K as Long-Term Holders Begin Profit Taking2025-07-30 00:27:35
- XRP Shows Potential for Wave 5 Rally Toward $6.85 Amid Rising Wallet Activity and Key Support2025-07-30 00:26:47
- Strategy May Have Acquired Over 21,000 Bitcoin Following $2.5 Billion Preferred Stock Offering2025-07-30 00:26:10
- SEC Weighs Collateralization for BlackRock’s Ethereum ETF While Postponing Grayscale’s Litecoin ETF Verdict2025-07-30 00:04:51