SEC Extends Review Deadline for Truth Social Bitcoin and Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has extended its review period for the proposed Truth Social Bitcoin and Ethereum exchange-traded fund (ETF). The original deadline of August 24th is now pushed back to October 8th, with the SEC granting additional time to assess a filing by NYSE Arca regarding the proposed ETF. This extension allows for further consideration of the proposed rule change.