The User Securities and Exchange Commission (SEC) has delayed its decasation on the proposed truth social bitcoin ETF, extended to the review deadline to 18 September 2025.
Initially set up for August 4, the Trump of Trump, a social company of Social, by the Media and Technology Group, the ETF, supported by Trump, has attracted its ability and attraction to its close relationships for the presidency.
Another requirement time to assess ETF regulator and market implications. While the agency is authorized to take up to 270 days to take a final decision, Satya is included in the list of delayed Crypto Fund applications in Social ETFs, including Social Trusts and Canaries of Grassscale. Capital Litcoin ETF.
At the time of writing, the price of bitcoin is traded at $ 117,500 with a sidewalk movement on low timeframes.
BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview
Political dispute comes from crypto regulation
The truth is an electric rod for a political investigation. In May, Senator Elizabeth Warren and Jeff Mercale raised the alarm at the Trump-Linked Crypto initiative, warned of potential conflicts of interest and foreign flow.
They come to Kankren amidst a comprehensive debate
Despite not having no formal item from SEC, the delay underlines the agency’s caution in evaluation of crypto assets, which got entangled with political brands.
Meanwhile, Presidency Trump has taken forward in pro-crypto rhetoric, recently signed the Genius Act, the first federal law to regulate Stabecrim. He will lead to William J. Also appointed the poultry.
Delay opens doors for fintech startups
While regulatory holdups disappoint major players, they make place to innovation for fintech startups. Startups futures-based ETFs, multi-asset baskets and ultachoin-supported funds are exploring interesting stones to navigate interesting stones.
The Commission has shown more desire to approve the products with clear legal rungs like the Etharium Futures ETFs.
This regulator unwanted window can be a strategic advantage for tight startups that are ready to quickly pive and develop investor, complaints crypto products.
As true social bitcoin ETF waits for a ruling, the intersection of political, innovation and regulation Crypto continues the birth press in ETF space.
Covered from Unsplash, Btcusd Chart from TardingView
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