In brief
- The SEC will decide on the Truth Social Bitcoin and Ethereum ETF on October 8, likely after a rules change request from two exchanges that could shorten approval processes.
- The agency delayed decisions on XRP funds from Grayscale, Bitwise, CoinShares, Canary Capital, and 21Shares.
- It also pushed back deadlines on separate Dogecoin and Litecoin ETFs, and a proposal to add staking to an existing spot Ethereum ETF.
The U.S. Securities and Exchange Commission has delayed its decisions on an exchange-traded fund proposed by Donald Trump’s media and technology company to track the performance of Bitcoin and Ethereum and seven other ETFs based on single digital assets.
In a filing Monday, the regulator said that it moved its deadline back 45 days for weighing in on the Truth Social Bitcoin and Ethereum ETF to October 8.
It announced identical delays for applications filed for spot XRP funds by Grayscale, CoinShares, Canary…
