The Securities Exchange Commission (SEC) has delayed a decision to approve a Bitcoin and Ethereum ETF application by Truth Social, a social platform owned by Trump Media & Technology Group.
According to a filing on Monday, the SEC has extended the approval deadline for the Truth Social ETF to October 8, which is the agency's regular procedure for evaluating dozens of cryptocurrency ETF proposals.
Also delayed on the same day were the CoinShares Litecoin ETF, the CoinShares Ripple ETF and the 21Shares Ripple ETF, all of which had their decision deadlines extended to late October. "The committee believes it is necessary to extend the review time in order to fully evaluate the content of the proposal and related issues," the SEC said in the filing.
The US SEC has postponed its decision on the application of multiple crypto ETFs
2025-08-18 17:30:27
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