SEC Delays Truth Social BTC & Ether ETF As Critics Flag Conflicts

SEC Delays Truth Social BTC & Ether ETF As Critics Flag Conflicts

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The US Securities and Stock Exchange Committee (SEC) has been delayed by a decision on the social truth of the social bitcoin and Ethereum ETF, a producer of the Trump Media & Technology Group says critics say it raises concerns related to interests in view of President Donald Trump’s involvement.

According to presentationThe new deadline has now been set on October 8, while SEC continues to review many other suspended Crypto ETF applications.

The first deadline was set on August 4, then moved to September 18, and is now late until October 8. Bitcoin and Ethereum ETF, the proposal in June, received only one general comment so far, and called for rejection due to Donald Trump’s participation in encryption.

SEC delay in circulating investment funds is a natural part of the review process. Under the law, the agency can extend the final dates several times, and take up to 240 days before making a final decision. During this time, SEC also accepts general comments from investors, experts and market participants.

In the past two years, many investment funds circulated in Bitcoin and Ethereum have passed the same process before approval. Analysts say that SEC has warned, in an attempt to balance the demand of strong investors with the need to maintain the markets well and well.

SEC’s approach to Crypto Etfs has turned since Trump has been in office. Under a new leadership, the organizer agreed to allow the approved participants to create and recover the investment funds traded in Crypto. It also began to allow requests for Bitcoin and Etherum Etfs, as well as options for some instant bitcoin boxes.

SEC delays more Crypto ETF decisions

The Securities and Stock Exchange Commission has been delayed in many encryption boxes as well as Bitcoin and Ethereum ETF. These include Coinshares Litecoin Etf, Coinshares XRP ETF, and 21shares Core XRP ETF, which was now in October.

The organizer also postponed the rulings on the Canary XRP Trust and Grayscale XRP TRUST box, and a plan to allow roaming at Ethereum Core Ethereum 21. These delays show that investment funds circulating in encryption expand beyond Bitcoin and ETHEREUM only, which gives investors new ways to reach the market Without owning the coins directly.

However, SEC moves with caution, carefully reviewing risk such as liquidity, nursery and potential market treatment. By paying these deadlines, SEC indicates that it still weighs the pros and cons of opening the door to a wide range of coding money.

For investors, delay means more waiting and uncertainty. However, some analysts believe that the additional time can be a positive sign, indicating that SEC is carefully studied instead of rejecting proposals directly.

Trump’s ETF encryption plans to move the political debate

The Securities and Stock Exchange Commission has delayed its decision regarding the investment funds circulating in fact, as questions grow about the Trump family’s deep participation in the encryption space.

Trump participated in many commercial projects related to encryption, which contributed greatly to his wealth. The file proposal also sparked a discussion in Washington, where critics warn of conflict of interests and supporters insist that politics should not prevent innovation.

According to the World Liberty Financial, which was co -founded by Trump and his sons, 390 million dollars, while the MEME currency, which was achieved by about $ 315 million through licensing deals and price movements.

Last month, his administration has developed a 166 -page plan for American leadership in digital assets. If the circulating investment funds are approved, then the first encrypted investment funds will be linked to the president’s business.

Trump has also provided the media for “ETF”, which will make 70 % of bitcoin, 15 % of Ethereum, 8 % Solana, 5 % XRP, and 2 % Cronos.

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