The U.S. Securities and Exchange Commission has pushed back its decision on the proposed Truth Social Bitcoin ETF, extending the review period until September 18.
Originally due by August 4, the delay gives regulators more time to assess the Trump Media-backed fund’s bid to launch on NYSE Arca.
The ETF aims to offer commodity-based exposure to Bitcoin under the SEC’s trust share framework.
The move signals continued regulatory caution toward politically linked crypto products, even as interest in digital asset ETFs grows.
The Truth Social fund wasn’t the only one caught in limbo.
The SEC also delayed rulings on Grayscale’s Solana Trust and Canary Capital’s Litecoin ETF, extending those reviews into October.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/sec-delays-decision-on-trump-linked-bitcoin-etf/