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yesterday

SEC Pushes Decision on Truth Social Bitcoin ETF to September

Paul Atkins’ commission said extra review time is needed to assess rule changes raised by the Truth Social Bitcoin ETF filing.

Sec delays decision on trump linked truth social bitcoin etf until september
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Overview

  • The SEC has set a September 18, 2025 deadline to decide on Trump Media & Technology Group’s Truth Social Bitcoin ETF application submitted in June.
  • The commission also postponed its Grayscale Solana Trust ruling to October 10 and delayed review of Canary Capital’s proposed Litecoin ETF.
  • These extensions follow the regulator’s standard process that allows up to 240 days and multiple extensions for crypto ETF applications.
  • If approved, the Truth Social Bitcoin ETF would be the first cryptocurrency exchange-traded product linked directly to President Donald Trump’s business interests.
  • Under Chair Paul Atkins, the SEC has maintained cautious scrutiny of emerging digital asset funds to allow thorough evaluation of proposed rule changes and issues raised.