ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the approval of the Bitcoin and Ethereum ETF applications from the Trump Media and Technology Group's social platform Truth Social.
According to documents submitted on Monday, the SEC has extended the approval deadline for the Truth Social ETF to October 8, which is part of the agency's routine procedure for evaluating dozens of cryptocurrency ETF proposals.
Also postponed for approval on the same day are the CoinShares Litecoin ETF, CoinShares Ripple ETF, and 21Shares Ripple ETF, with the decision deadlines extended to late October. The SEC stated in the document: 'The Commission believes it is necessary to extend the review time to fully assess the proposal's content and related issues.'
