- SEC delays Truth Social Bitcoin ETF decision to September 18, 2025.
- First proposed ETF associated with a former U.S. President.
- Concerns over potential political influence and market impacts.
The SEC has postponed its decision on the Truth Social Bitcoin ETF, associated with Trump Media & Technology Group, setting a new review deadline for September 18, 2025.
The delay marks a significant moment as it involves a former U.S. president, potentially affecting market perceptions of regulatory impartiality and impacting Bitcoin-related financial instruments.
The SEC has delayed the decision on the Truth Social Bitcoin ETF, setting a new review deadline of September 18, 2025. This ETF is directly associated with former U.S. President Donald Trump, making it a notable proposal in the crypto landscape.
Truth Social, part of Trump Media & Technology Group, is leading the proposal. Former SEC commissioner Paul Atkins, now SEC Chair, oversees actions related to this ETF. The SEC cited more time for adequate consideration of the proposal.
The delay raises concerns among political and financial entities. U.S. Senator Jeff Merkley expressed that a Trump-associated ETF could lead to an abuse of power, potentially influencing regulation for profit. The SEC requests further clarity on the ETF’s financial mechanisms.
“Allowing Trump to create a Bitcoin ETF is opening the door to abuse of power. He can influence the regulation and then profit from it.”
Previous SEC actions indicate a cautious approach to crypto ETFs, focusing on market implications. The political link makes this proposal unique, potentially affecting SEC decision strategies. Historical precedents show similar delays in ETF reviews.
Financial and regulatory outcomes could reshape the ETF landscape, impacting large crypto markets. Analyzing past trends, any regulatory approval could lead to significant inflows, while delays may cause industry uncertainties. The ongoing scrutiny underscores the ETF’s significance. More details on the SEC delays decision on Trump’s Bitcoin ETF proposal.
