Truth Social $BTC ETF Decision Delayed Until September by SEC


The SEC has postponed its decision on Truth Social's $BTC ETF until Sept. 18.


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.


Monday also saw the #SEC delay its decision on Grayscale's $SOL Trust until Oct. 10.


Multiple firms, including Canary, Bitwise, 21Shares and VanEck, are competing for #Solana ETF approval.

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July 28, 2025 at 11:08 PM
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