U.S. SEC Delays Decision on Approval of Multiple Cryptocurrency ETFs

The U.S. Securities and Exchange Commission (SEC) on the 18th delayed its approval decision for the cryptocurrency spot Exchange-Traded Funds (ETFs) applied for by Trump Media & Technology Group's social media platform 'Truth Social'. The submission of documents has set the next decision deadline for the 'Truth Social Bitcoin Ethereum ETF' to October 8th.

On the same day, the SEC also postponed its decision on CoinShares' Litecoin ETF, CoinShares XRP ETF, and 21Shares Core XRP ETF until late October. Additionally, decisions on Canary XRP Trust and Grayscale...