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Truth Social $BTC ETF Decision Delayed Until September by SEC
The SEC has postponed its decision on Truth Social's Sept. 18. $BTC ETF until
The agency said it needs more time to consider the proposed rule change and related issues.
Truth Social, operated by Trump Media & Technology Group, filed for the ETF in June.
Approval would deepen Trump-linked crypto activity following the president's meme coin ventures and World Liberty Financial backing.
The SEC initially approved spot # $BTC ETFs in January 2024, with 12 funds accumulating over $54.8 billion in inflows.
#Truth Social Crypto ETF