SEC Delays Donald Trump’s Truth Social Bitcoin And Ethereum ETF As Critics Flag Conflicts
The US Securities and Exchange Commission (SEC) has delayed a decision on the Truth Social Bitcoin and Ethereum ETF, a Trump Media & Technology Group product that critics say raises conflict of interest concerns given President Donald Trump’s involvement. According to a filing, the new deadline is now set for October 8, while the SEC continues to review several other pending crypto ETF applications. The first deadline was set for August 4, then moved to September 18, and is now delayed again to October 8. The Bitcoin and Ethereum ETF, proposed in June, has received only one public comment so far, calling for rejection because of Donald Trump’s involvement in crypto. 🚨BREAKING: The SEC has delayed President Trump's Truth Spot $BTC & $ETH ETF. pic.twitter.com/KSCFEZUd9o — Grey BTC (@greybtc) August 18, 2025 The SEC’s delay of the ETFs is a normal part of the review process. By law, the agency can extend deadlines several times, taking up to ...