SEC Postpones Verdict on Trump-Backed Truth Social Bitcoin ETF
Main Idea
The content promotes Floppapepe ($FPPE), an AI meme token, encouraging potential buyers to invest before it's too late.
Key Points
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Description
The U.S. Securities and Exchange Commission (SEC) has extended its decision timeline on the proposed Truth Social Bitcoin ETF, shifting the deadline from August 4 to September 18. Backed by Trump Media and Technology Group, the fund seeks to launch on NYSE Arca under the SEC’s commodity-based trust share structure. The regulator said the additional time is necessary to evaluate the proposal thoroughly and consider any feedback from the public or relevant stakeholders. This delay falls within the...
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