The U.S. Securities and Exchange Commission postponed its decision on the Truth Social Bitcoin ETF, proposed by Trump Media & Technology Group, until September 18, 2025.
This delay impacts the crypto market, highlighting regulatory scrutiny alongside affected assets like Bitcoin and related financial instruments.
The SEC has postponed the Truth Social Bitcoin ETF decision, affecting multiple crypto funds and market expectations.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin ETF. The ETF, filed by Trump Media & Technology Group (TMTG), is part of a series of delays affecting multiple crypto funds.
SEC Postpones Truth Social Bitcoin ETF Decision
Key players include Trump Media & Technology Group, led by former President Donald J. Trump, and the SEC under Chair Paul Atkins. This postponement allows further examination of the proposed rule change and related issues.
“The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein.” – Paul Atkins, SEC Chair
Delays Impact Bitcoin, Solana, and Litecoin Markets
The delay impacts both Bitcoin (BTC) and other cryptocurrencies like Solana (SOL) and Litecoin (LTC) due to concurrent postponed ETFs. No new funding related to the Truth Social ETF has been officially announced.
Postponements align with historical trends where SEC review periods extended, especially for politically affiliated entities. Financial markets remain focused on existing approved spot Bitcoin ETFs which have seen substantial inflows since their launch.
SEC’s History of Caution with Bitcoin ETFs
The current delay mirrors previous SEC actions, as spot Bitcoin ETF approvals have historically resulted in significant market reactions. The regulatory caution highlighted here aligns with prior practices concerning novel ETF structures.
Expert opinions from Kanalcoin suggest potential positive market movements upon eventual ETF approval, supported by historical data showing increased institutional involvement following past market-approved ETFs.
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